The above figure shows a competitive firm's demand for labor ...

[Yi-Chen]

The above figure shows a competitive firm's demand for labor assuming that the firm's output sells for $1 per unit. If the wage is $5 per hour, the firm will hire
◦ 2.5 units of labor per hour.
◦ 10 units of labor per hour.
◦ 5 units of labor per hour.
◦ 0 units of labor per hour.

[juiceman1987]

5 units of labor per hour.

[Yi-Chen]

Excellent

[juiceman1987]

Great! Please up vote

[RYAN BANYAN]

The above figure shows a competitive firm's demand for labor assuming that the firm's output sells for $1 per unit. If the wage is $5 per hour, a ten cent specific tax on the good sold by the firm will cause the firm to
◦ demand less labor.
◦ offer its workers only $4.90 per hour.
◦ demand more labor.
◦ hire 0 units of labor per hour.

[jsm54321]

demand less labor.