In the short run, ________ increases the quantity of labor demanded by the firm
A) a decrease in the price of the firm's output
B) an increase in the prices of other factors of production used by the firm
C) a technological advance that decreases the marginal product of labor
D) a decrease in the wage rate
D
You might also like to view...
Susan is planning to invest in one of four stock portfolios, and her financial advisor has given her details regarding the risk associated with each portfolio. Which of the following portfolios would you expect to have the lowest average annual rate of return?
a. A portfolio with a standard deviation of 3%. b. A portfolio with a standard deviation of 6%. c. A portfolio with a standard deviation of 9%. d. A portfolio with a standard deviation of 12%.
Which of the following is not part of the M2 money supply?
A. Money market mutual fund balances. B. Money market deposit accounts. C. Currency. D. Large-denominated time deposits.