• 2022-06-07
    Because the productivity of labor decreases as the quantity of labor employed increases,
    A: the quantity of labor a firm demands increases as the real wage rate decreases.
    B: the quantity of labor a firm demands increases as the money wage rate decreases.
    C: the labor demand curve shifts right as the real wage rate decreases.
    D: the aggregate production function shifts upward as the real wage rate decreases.