Multiple Choice
Which of the following will not cause the demand curve for labor to shift?
A) An increase in the wage rate.
B) An increase in the price of the final product.
C) An increase in the price of a substitute factor of production.
D) A change in demand for the final product.
E) An improvement in technology that produces higher labor productivity.
Correct Answer:
Verified
Correct Answer:
Verified
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