If Labor Is the Only Variable Input,a Firm's Labor Demand

question 46

Multiple Choice

If labor is the only variable input,a firm's labor demand curve is

• A)labor's marginal product curve
• B)the upward-sloping portion of its marginal revenue product of labor curve
• C)the downward-sloping portion of its marginal revenue product of labor curve
• D)the marginal revenue product of labor curve above the reservation wage rate
• E)the marginal revenue product of labor curve above the average variable cost curve

---

Definitions:

Antianxiety Drug

Medication that reduces or controls anxiety symptoms.

Withdrawal

The process of reducing or stopping the use of a psychoactive substance, which can lead to various physical and psychological symptoms.

Serotonin Reuptake Inhibition

The process by which serotonin reuptake inhibitors (SSRIs) increase serotonin levels in the brain by preventing its reabsorption into neurons.

Antidepressant Drugs

Medications used to treat depressive disorders by altering neurotransmitter levels in the brain, improving mood and emotional states.