Multiple Choice
Suppose a change in technology increases the marginal product of labor. The result is
A) a downward movement along the demand for labor curve.
B) a rightward shift in the demand for labor curve.
C) a leftward shift in the demand for labor curve.
D) an upward movement along the demand for labor curve.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Ten cases of spring water are sold
Q3: Suppose land suitable for wheat production is
Q4: Which of the following is a correct
Q5: A decrease in the price of a
Q6: Prices in resource markets<br>A) provide users with
Q7: The marginal productivity principle says that a
Q8: If an advance in computer technology reduces
Q9: A technological advance that increases labor productivity
Q10: Suppose a certain firm is able to
Q11: The market where firms purchase factors of