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Other Fields Homework Help Economics Topic started by: Ao9 on Oct 27, 2015



Title: When drawn against the current real wage, the labor demand curve is
Post by: Ao9 on Oct 27, 2015
When drawn against the current real wage, the labor demand curve is
A) upward sloping because the marginal product of labor declines with the quantity of labor employed.
B) upward sloping because the marginal product of labor rises with the quantity of labor employed.
C) downward sloping because the marginal product of labor declines with the quantity of labor employed.
D) downward sloping because the marginal product of labor rises with the quantity of labor employed.


Title: Re: When drawn against the current real wage, the labor demand curve is
Post by: Gordis on Oct 29, 2015
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Title: Re: When drawn against the current real wage, the labor demand curve is
Post by: Ao9 on Nov 2, 2015
You're sharp, thanks!


Title: Re: When drawn against the current real wage, the labor demand curve is
Post by: Gordis on Nov 2, 2015
Glad to help...