Which of the following can be predicted to increase the demand for labor? a. An increase in the price of a gross complement to labor b. A decrease in the price of a gross substitute for labor c. A decrease in the number of firms d. An increase in product demand
A: An increase in the price of a gross complement to labor
B: A decrease in the price of a gross substitute for labor
C: A decrease in the number of firms
D: An increase in product demand
A: An increase in the price of a gross complement to labor
B: A decrease in the price of a gross substitute for labor
C: A decrease in the number of firms
D: An increase in product demand
举一反三
- Which of the following will cause an increase in the demand for labor A: An increase in the labor supply. B: A decrease in labor productivity. C: An increase in the demand for the final good or service.
- Which of the following will increase the marginal product of labor in the labor market? A: An increase in the price level and the money wage. B: An increase in the real wage. C: A decrease in the capital stock. D: An increase in the supply of labor.
- Which of the following always raises the equilibrium price? A: an increase in both demand and supply B: a decrease in both demand and supply C: an increase in demand combined with a decrease in supply D: a decrease in demand combined with an increase in supply
- Generally, price and demand is ____ related which means that the increase in the price would lead to the decrease in the demand for that product and vice versa.
- Which of the following will definitely occur when there is an increase in demand for and a decrease in supply of milk? A: an increase in equilibrium quantity B: a decrease in equilibrium quantity C: a decrease in equilibrium price D: an increase in equilibrium price.