When Drawn Against the Current Real Wage, the Labour Demand

question 5

Multiple Choice

When drawn against the current real wage, the labour demand curve is

• A) upward sloping because the marginal product of labour rises with the quantity of labour employed.
• B) upward sloping because the marginal product of labour declines with the quantity of labour employed.
• C) downward sloping because the marginal product of labour rises with the quantity of labour employed.
• D) downward sloping because the marginal product of labour declines with the quantity of labour employed.
• E) downward sloping because the marginal product of labour is constant.

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