Which of the Following Statements Is True

question 106

Multiple Choice

Which of the following statements is true?

• A)If the price of labor hired by a firm increases, holding everything else constant, the demand for labor will increase.
• B)If the quantity of labor hired by a firm increases, holding everything else constant, the marginal product of labor will fall.
• C)If the quantity of labor hired by a firm increases, holding everything else constant, the marginal product of labor will rise.
• D)If the quantity of labor hired by a firm increases, holding everything else constant, the value of the marginal product of labor will rise.

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Definitions:

Diplomonads

A group of flagellated protozoa, often parasites, with two nuclei and multiple flagella, found in anaerobic environments.

Waterborne Disease

Illnesses caused by infectious agents that are transmitted through contaminated water.

Colonial Green Algae

A group of green algae that live together in a colony, where individual cells are often connected by cytoplasmic bridges and exhibit little differentiation.

Volvox

A genus of green algae forming spherical colonies that live in fresh water and are capable of photosynthesis and sexual and asexual reproduction.