Which of the following will not result in a leftward shift of the market demand curve for labor?
A. a decrease in labor productivity
B. a decrease in demand for the firm’s product
C. an increase in the wage rate
D. a decrease in the firm’s product price
Answer:C
Which of the following will not result in a leftward shift of the market demand curve for labor?
A. a decrease in labor productivity B. a decrease in demand for the firm’s product C. an increase in the wage rate D. a decrease in the firm’s product price
Explanation: 5. Which of the following results in a rightward shift of the market demand curve for labor?