A firm's demand curve for labor coincides with the:
a. marginal cost curve.
b. average cost curve.
c. marginal revenue curve.
d. marginal revenue product curve.
d
You might also like to view...
An increase in stock prices ________ the size of people's wealth and may ________ their willingness to spend, everything else held constant
A) increases; increase B) increases; decrease C) decreases; increase D) decreases; decrease
Forward contracts are often illiquid because
A) any capital gains on them are heavily taxed, making investors reluctant to sell them. B) government regulation has not provided for a secondary market in them. C) they generally contain terms specific to the particular buyer and seller. D) the brokerage fees involved in buying and selling them are very high.
The American Federation of Labor was founded on the principles of racial and worker solidarity
Indicate whether the statement is true or false
Suppose consumer preference for organic corn starts to rise while the cost of growing organic corn continues to rise. In the market for organic corn, this would be represented by the equilibrium price ________ and the equilibrium quantity ________
A) increasing; increasing or decreasing B) decreasing; increasing or decreasing C) increasing or decreasing; increasing D) increasing or decreasing; decreasing