Which of the Following Events Could Increase the Demand for Labor

question 35

Multiple Choice

Which of the following events could increase the demand for labor?

• A) a decrease in output price.
• B) a decrease in the amount of capital available for workers to use.
• C) an increase in the marginal productivity of workers.
• D) All of the above are correct.

---

Definitions:

Positive NPV

Refers to a net present value calculation indicating that the projected earnings (discounted back to their present value) exceed the initial investment.

Firm Owners

Individuals or entities that hold an ownership interest in a company, representing their claim on the company's assets and earnings.

Mutually Exclusive Projects

Investment initiatives where committing to one option precludes the selection of an alternative.

Analytical Method

A systematic approach in research and investigation to solve problems or interpret data.