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An increase in the supply of capital, which is a complement to labor, will lead to

Coltonht

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An increase in the supply of capital, which is a complement to labor, will lead to

Question 1.

Which of the following factors will not cause the labor demand curve to shift?

• increases in human capital

• changes in technology

• a change in the price of the product produced with labor

• the wage rate

Question 2.

An increase in the supply of capital, which is a complement to labor, will lead to

• a decrease in the quantity of labor demanded.

• an increase in the demand for labor.

• a decrease in the demand for labor.

• an increase in the quantity of labor demanded.

Textbook

Microeconomics

Edition: 7^th

Authors: Hubbard, O'Brien

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