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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: The demand for labor curve is
Post by: Loraine on Jun 21, 2015
The demand for labor curve is
A) a vertical line because firms have to hire labor.
B) upward sloping, showing that as the real wage rate increases, more workers are hired.
C) a horizontal line because we assume that the real wage rate is fixed.
D) downward sloping, showing that the quantity of labor demanded increases when the real wage falls.
E) U-shaped.


Title: Re: The demand for labor curve is
Post by: Smoooth on Jul 14, 2015
Content hidden


Title: Re: The demand for labor curve is
Post by: Smoooth on Aug 31, 2015
My pleasure :-]