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Author Question: A firm's demand curve for labor slopes downwards because A) firms supply less labor as the wage ... (Read 170 times)

joblessjake

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on: Jun 29, 2018
A firm's demand curve for labor slopes downwards because
 
  A) firms supply less labor as the wage rate rises.
  B) of rising marginal product.
  C) workers supply less labor services as the wage rate falls.
  D) of the law of diminishing marginal returns.

Question 2

Someone who is available for work but has not actively looked for work in the previous four weeks would be classified as
 
  A) employed. B) not in the labor force.
  C) not in the working-age population. D) unemployed.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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Eazy416

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


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joblessjake

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Reply #2 on: Jun 29, 2018
Thank you :)


Eazy416

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Reply #3 on: Jun 29, 2018
Happy to help you


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