Any event that decreases the value of the marginal product of labor will:

A. decrease labor demand.
B. decrease labor supply.
C. increase labor demand.
D. increase labor supply.

A. decrease labor demand.

Economics

You might also like to view...

If the price of hamburger increases, it would probably result in ________ in the demand for hamburger buns.

A) a decrease B) an increase C) no change D) random fluctuations

Economics

The consumption function illustrates that:

a. saving increases as disposable income decreases. b. consumption increases as saving increases. c. consumption increases as disposable income increases. d. consumption increases as disposable income decreases. e. consumption increases as investment increases.

Economics