Which of the following results in a rightward shift of the market demand curve for labor?
A. a decrease in labor productivity
B. a decrease in the firm’s product price
C. an increase in the wage rate
D. an increase in demand for the firm’s product
Answer:D
Which of the following results in a rightward shift of the market demand curve for labor?
A. a decrease in labor productivity B. a decrease in the firm’s product price C. an increase in the wage rate D. an increase in demand for the firm’s product
Explanation: 6. Which of the following will not result in a rightward shift of the market supply curve for labor?