An Increase in a Perfectly Competitive Firm's Demand for Labor

question 238

Multiple Choice

An increase in a perfectly competitive firm's demand for labor could be caused by

• A)a decrease in the market wage rate.
• B)an increase in the amount of human capital among the labor force.
• C)an increase in the supply of labor.
• D)a decrease in the market price of the product the firm produces.

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