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stars_and_moon stars_and_moon
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8 years ago
A firm is a wage taker.  Because the baby boomer generation is reaching retirement age, the supply curve for labor shifts in (decreases).  As a result
A) the demand curve for labor shifts in (decreases).
B) the demand curve for labor shifts out (increases).
C) the marginal cost of labor increases.
D) the marginal cost of labor decreases.
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wrote...
#1
8 years ago
C
wrote...
#2
8 years ago
I compared your answer with a buddy, and it matches

Thanks
wrote...
#3
8 years ago
Great! Now we can move on to the next one
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