The slope of the labor demand curve can be attributed to the Law of:
A) Increasing Opportunity Cost. B) Diminishing Marginal Productivity of Labor.
C) Increasing Marginal Productivity of Labor. D) Decreasing Opportunity Cost.
B
Economics
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Refer to the following graph.
Which of the following curves demonstrates a unit elastic demand curve? (That is, a curve where elasticity is 1 at each point.)
A. A B. B C. C D. None of the answers is correct.
Economics
Unemployment insurance is:
A. offered by the government as a way to affect the level of seasonal unemployment. B. money that is paid by the government to people who are unemployed. C. offered by the government as a way to affect the level of cyclical unemployment. D. money that is paid to the government by employers who lay off employees.
Economics