Other Things Equal, Assume Consumer Demand for Children's Toys Increases

question 1

Multiple Choice

Other things equal, assume consumer demand for children's toys increases. The result is a(n) :

• A) rightward shift in the market demand for labor curve in the toy industry.
• B) increase in the marginal revenue product of firms in the toy industry.
• C) increase in derived demand for workers in the toy industry.
• D) all of the above.

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