If the Supply of Labour Curve Is Upward Sloping but Not

question 24

Multiple Choice

If the supply of labour curve is upward sloping but not vertical,and if the value of marginal product of labour increases,

• A)the supply of labour increases.
• B)the wage rate rises.
• C)the marginal cost of production increases.
• D)the exploitation of workers decreases.
• E)employment is unchanged.

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