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Author Question: If the marginal product of labor increases because of a shift of the MP curve, that will likely ... (Read 32 times)

Medesa

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on: Jun 30, 2018
If the marginal product of labor increases because of a shift of the MP curve, that will likely cause
 a. an increase in the price of output produced by labor
  b. an increase in labor demand
  c. an increase in labor supply
  d. a fall in the wage paid to labor
  e. a fall in the number of workers employed

Question 2

Which of the following is an example of an activity that generates positive externalities.
 a. driving a car
  b. producing clothing
  c. washing your car
  d. education
  e. building a bridge


Loise Hard

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


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Medesa

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Reply #2 on: Jun 30, 2018
Thank you


Loise Hard

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Reply #3 on: Jun 30, 2018
No problemo


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