When Drawn Against the Current Real Wage,the Labour Demand Curve

question 60

Multiple Choice

When drawn against the current real wage,the labour demand curve is

• A) upward sloping because the marginal product of labour rises with the quantity of labour employed.
• B) upward sloping because the marginal product of labour declines with the quantity of labour employed.
• C) downward sloping because the marginal product of labour rises with the quantity of labour employed.
• D) downward sloping because the marginal product of labour declines with the quantity of labour employed.
• E) downward sloping because the marginal product of labour is constant.

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Definitions:

Line Structure

The simplest form of organizational structure that direct lines of authority flow from top management to individual employees, establishing a clear hierarchy.