Multiple Choice
The demand curve for labor slopes downward because
A) few workers work at low wages.
B) capital has been substituted for labor in most industries.
C) of the diminishing marginal product of labor.
D) All of the above are true.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q53: The shortened work week coupled with rising
Q54: The supply of workers in an industry
Q143: What are the major goals that unions
Q181: A monopsony is a market situation in
Q239: Innovation refers to the introduction of new
Q243: Firms operating in competitive markets have little
Q248: A firm will generally believe that if
Q250: In the U.S.the total amount of work
Q251: One of the great strengths of the
Q252: To the extent that high incomes can