Assume That Labor and Capital Are the Only Two Inputs

question 83

Multiple Choice

Assume that labor and capital are the only two inputs used in production.Given that both inputs are variable,which of the following would lead to a movement along the labor demand curve?

• A)A change in the wage rate
• B)A change in the productivity of labor
• C)An increase in the price of the final product
• D)A decrease in the employment of capital

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