The labor market demand curve
A) is the summation of the labor demand curve for each output market.
B) is identical to the average firm labor demand curve.
C) is the sum of the wages paid for each unit of labor of the individual firms labor demands.
D) is always upward sloping for competitive labor markets.
A
You might also like to view...
Low-wage manufacturing industries exhibit which of the following?
(a) Low output per worker (b) Added value that rises above labor's share of total employment (c) Highly educated and skilled workers (d) All of the above
Other things the same, if the exchange rate changes from 30 Thai bhat per dollar to 25 Thai bhat per dollar, then the dollar has
a. appreciated and so buys more Thai goods. b. appreciated and so buys fewer Thai goods. c. depreciated and so buys more Thai goods. d. depreciated and so buys fewer Thai goods.