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Economics
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Which of the following causes an increase in the demand for labor?
a) an increase in the wage rate
b) an increase in the price of the good that labor is producing 
c) a decrease in the marginal product of labor
d) a decrease in the demand for the good that labor is producing
e) a decrease in the price of capital, a substitute for labor

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Mahe Alam
Mahe AlamLv10
29 Sep 2020
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Related questions

Which of the following events may increase the marginal product of labor? Select all that apply.

A. Good weather causes an increase in supply and a fall in price for one of the inputs used to make the good

B. A technological improvement that is substitutable for the labor in this market
 
C. A technological improvement that is complementary for this type of labor
 
D. A decrease in the wage rate

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.

A decrease in the wage rate causes:

A. a decrease in labor's productivity

B. a rightward shift of the firm's labor demand curve.

C. a leftward shift of the firm's labor demand curve.

D. an increase in the quantity of labor demanded.

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