If labor productivity increases, the marginal revenue product curve will shift ________ and the profit maximizing quantity of labor demanded will ________.

An increase in aggregate demand caused by any other factor than the price level in an economy will cause _____

a. the aggregate demand curve to shift rightward b. the aggregate demand curve to shift leftward c. an upward movement along the aggregate demand curve d. a downward movement along the aggregate demand curve

As we move upward along a linear demand curve, the price elasticity of the demand:

A. increases. B. decreases. C. remains the same. D. increases up to the midpoint and then decreases.