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Title: Labor demand is decreasing in the wage because Post by: Ao9 on Oct 27, 2015 Labor demand is decreasing in the wage because
A) the marginal product of labor is increasing in labor. B) the income effect is larger than the substitution effect. C) the substitution effect is larger than the income effect. D) the production function is concave. Title: Re: Labor demand is decreasing in the wage because Post by: Gordis on Oct 30, 2015 Content hidden
Title: Re: Labor demand is decreasing in the wage because Post by: Ao9 on Nov 2, 2015 You're sharp, thanks!
Title: Re: Labor demand is decreasing in the wage because Post by: Gordis on Nov 2, 2015 I'm assuming I was right? ;) Don't forget to mark as solved.
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