An Increase in the Demand for Automobiles Will Increase the Demand

question 133

Multiple Choice

An increase in the demand for automobiles will increase the demand for the labor used to produce the automobiles due to a(n) _____

• A)increase in the marginal revenue product of labor.
• B)decrease in the marginal revenue product of labor.
• C)increase in the marginal revenue product of automobiles.
• D)decrease in the marginal revenue product of automobiles.
• E)decrease in the average revenue of labor.

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Definitions:

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