The Labor Demand Curve of a Purely Competitive Seller

question 112

Multiple Choice

The labor demand curve of a purely competitive seller

• A) slopes downward because the elasticity of demand is always less than unity.
• B) slopes downward because of diminishing marginal productivity.
• C) is perfectly elastic at the going wage rate.
• D) slopes downward because of diminishing marginal utility.

---

Definitions:

Crime Rates

The number of reported crimes within a given population and time period, often used as an indicator of the level of criminal activity.

Diversionary Measures

Actions or strategies designed to distract or divert attention from the original issue or problem.

Indigenous Persons

People native to a region, characterized by distinct cultural, social, and historical traits, often maintaining traditional practices.

Prosecution

The legal process of bringing charges against an individual or entity, aiming to secure a conviction in a court of law.