The Market Demand Curve for Labor

question 159

Multiple Choice

The market demand curve for labor

• A) slopes downward.
• B) slopes upward.
• C) is vertical at the existing supply of labor.
• D) is horizontal at the going wage rate.

---

Definitions:

Molecular Compounds

Chemical compounds made up of molecules, which are groups of atoms joined together by covalent bonds.

Ions

Charged particles that result when an atom or molecule gains or loses electrons, featuring positive or negative electrical charges.

Polar Solvent

A solvent with a dielectric constant greater than 15, which can dissolve ionic or polar solutes due to its polarity.