This Question: 4 pts I4 of 30 (12 complete) This Test: 120 pts possible Which of

Question

This Question: 4 pts I4 of 30 (12 complete) This Test: 120 pts possible Which of the following statements is true about the market demand curve for labor? A. The market demand arve iste sun of te ndvdal frm's demand curve O B. The market demand curve shows the quantties of labor demanded by all tirms in the industry at various marginal products O C. The market demand curve will be perfectly inelastic since firms need labor O D. The market demand curve depends upon labor productivity, the wage rate and the price of the final product Clhck to select your answer Type here to search F2 F3 F5 F6 FB 2 3 4 5 6 Tab

Explanation / Answer

1- the market demand curve for labour means that the demand by all the firms in the market, it shows what amount of labour is demanded by all the firms combine in the market at various prices.

so answer is A

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