Multiple Choice
For a competitive,profit-maximizing firm,what will cause the demand curve for labour to shift in response
A) a change in wage rate
B) a change in quantity of labour demanded
C) a change in price of the product that the firm sells
D) a change in the size of the labour force
Correct Answer:
Verified
Correct Answer:
Verified
Q70: In what form is most of the
Q71: As the rental price of capital increases,less
Q72: The profit from an additional worker is
Q73: What most easily explains the shape of
Q74: Up to what point does a competitive,profit-maximizing
Q76: The Black Death was one of the
Q77: Figure 18-1<br>The figure represents the value of
Q78: Because of diminishing returns,what role does a
Q79: Technological advances can cause the labour demand
Q80: What is the accumulation of machinery and