For a Competitive, Profit-Maximizing Firm, the Demand Curve for Labor

question 556

Multiple Choice

For a competitive, profit-maximizing firm, the demand curve for labor will shift in response to a change in the

• A)wage rate.
• B)quantity of labor demanded.
• C)price of the product that the firm sells.
• D)an increase in the supply of labor.

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Definitions:

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