tyrelljones7747 tyrelljones7747

01-08-2018
Business

contestada

If the real wage rises:

A. the marginal cost of labor falls.
B. firms will hire additional labor.
C. the marginal benefit of the worker increases.
D. firms will hire less labor.

Respuesta :

joey8355 joey8355

01-08-2018

D firms will hire less labor

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pristina pristina

02-08-2018

Answer: Firms will hire less labor

Explanation: The demand curve for labor is downward sloping showing an inverse relationship between real wage (w/p) and quantity of labor demanded. Thus, when real wage rises, demand for labor falls. This means that at high real wages the firm will hire less labor.

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