For a competitive, profit-maximizing firm, the demand curve for labor will shift in response to a change in the

a. wage rate.
b. quantity of labor demanded.
c. price of the product that the firm sells.
d. an increase in the supply of labor.

c

Economics

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The expenses a company must pay before it can begin to produce and sell goods:

a. start-up costs b. merger c. patent d. monopoly e. deregulation

Economics

If the marginal propensity to save (MPS) is 0.10, the value of the spending multiplier is:

A. 1. B. 9. C. 10. D. 90.

Economics