The Demand for Labor Is Downward Sloping Because Of

question 45

Multiple Choice

The demand for labor is downward sloping because of:

• A) Diminishing marginal returns to labor.
• B) Rising marginal physical product.
• C) Falling marginal cost.
• D) Rising price.

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Definitions:

Taxa

Groups of one or more populations of organisms classified together, representing categories used in biological taxonomy such as species, genus, or family.

Monophyletic

Pertaining to a group of organisms that consists of all the descendants of a common ancestor.

Polyphyletic

A term describing a group of organisms that are classified together but do not share a recent common ancestor.

Homoplastic

Exhibiting similarity in appearance due to convergent evolution rather than ancestry.