Graph 18-2 -Refer to Graph 18-2.If the Marginal Product of Labour Falls

question 31

Multiple Choice

Graph 18-2
-Refer to Graph 18-2.If the marginal product of labour falls, which of the following will occur?
(i) the value of the marginal product of labour will fall
(ii) the quantity of labour demanded will fall below L₁
(iii) the supply curve will remain unchanged

• A)(i) and (ii)
• B)(ii) and (iii)
• C)(i) and (iii)
• D)(i), (ii) and (iii)

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