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Figure 18-4 -Refer to Figure 18-4.Assume That W₁

Question 4

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Figure 18-4
Figure 18-4 -Refer to Figure 18-4.Assume that W₁ = $20 and W₂ = $22 and that the market stays in equilibrium.What would happen to the marginal product of labour if the labour demand curve shifts from D₁ to D₂ A) The shift decreases the value of the marginal product of labour by more than $2. B) The shift decreases the value of the marginal product of labour by $2. C) The shift increases the value of the marginal product of labour by less than $2. D) The shift increases the value of the marginal product of labour by $2.
-Refer to Figure 18-4.Assume that W₁
= $20 and W₂
= $22 and that the market stays in equilibrium.What would happen to the marginal product of labour if the labour demand curve shifts from D₁ to D₂


A) The shift decreases the value of the marginal product of labour by more than $2.
B) The shift decreases the value of the marginal product of labour by $2.
C) The shift increases the value of the marginal product of labour by less than $2.
D) The shift increases the value of the marginal product of labour by $2.

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