Asked by
Nemat Bhugra
on Dec 12, 2024
Verified
Which of the following events could increase the demand for labor?
A) a decrease in output price.
B) a decrease in the amount of capital available for workers to use.
C) an increase in the marginal productivity of workers.
D) All of the above are correct.
Marginal Productivity
The additional output that is produced by employing one more unit of a factor of production, holding all other factors constant.
- Investigate the impact of economic environments on the need for workforce.
Verified Answer
CS
Learning Objectives
- Investigate the impact of economic environments on the need for workforce.
Related questions
Farmer Ted Owned a Worn-Out Piece of Farmland for Growing ...
Which of the Following Is a Correct Statement About the ...
A Decrease in the Marginal Product of Labor Would Be ...
Which of the Following Would Tend to Decrease the Demand ...
The Market Where Firms Purchase Factors of Production Is Referred ...