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Question
Which of the following will cause a shift in the demand curve of labor?
A) An increase or decrease in the productivity of labor.
B) An increase or decrease in the demand for the product labor produces.
C) A decline in the price of a complementary input .
D) all of the above
Answer
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Related questions
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Assume that coffee and tea are substitutes. Given a downward sloping demand curve for tea, an increase in the price of tea will causeA) an increase in the demand for coffee. B) a decrease in the demand for coffee.C) a leftward shift of the demand curve for tea. D) a leftward shift in the demand for coffee.
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