A firm's demand for labor increases and its demand curve for labor shifts rightward if
A) the wage rate falls.
B) the price of its product falls.
C) its value of marginal product decreases.
D) an advance in technology increases the marginal product of labor.
Question 2
A key difference between a monopoly and a perfectly competitive firm is that the monopolist
A) does not face fixed costs in the short run.
B) has a marginal revenue curve that lies below its demand curve.
C) has no marginal cost curve.
D) faces a perfectly elastic demand for its product.
Gene duplication increases genetic complexity
Frequency distribution curve: interpatient variability in drug response
Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug.
China has relied on cheap coal to meet its demand for energy
The number of phenotypic classes in the F2 generation increases as the number of genes controlling t
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...