Which of the following factors does not cause a shift in the labor demand curve?A. Changing technology.B. Changes in output prices.C. Changes in the wage rate.D. Changing input prices.

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24-04-2019
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Which of the following factors does not cause a shift in the labor demand curve?A. Changing technology.B. Changes in output prices.C. Changes in the wage rate.D. Changing input prices.

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MrsTriplet MrsTriplet · Answer 1 · 2019-04-29T16:47:50+02:00

Answer: Which of the following factors does not cause a shift in the labor demand curve? C. Changes in the wage rate.

Explanation: The labor demand curve is the the value of the marginal product of labor and what quantity of people are required to have that labor hired. The wage rate will not change the labor demand curve, because even though the price of paying for labor goes up, the same quantity is still being needed.

Which of the following factors does not cause a shift in the labor demand​ curve?A. Changing technology.B. Changes in output prices.C. Changes in the wage rate.D. Changing input prices.

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Which of the following factors does not cause a shift in the labor demand curve?A. Changing technology.B. Changes in output prices.C. Changes in the wage rate.D. Changing input prices.