Which of the following will not cause the labor demand curve to shift to the

Which of the following will not cause the labor

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37) Which of the following willnotcause the labor demand curve to shift to the right?A) an increase in the price of the firmʹs productB) a technological improvement that increases labor productivityC) an increase in the market wage rateD) an increase in human capital in the labor forceAnswer: C37)Diff: 2Page Ref: 550/550Topic: The Demand for LaborLearning Outcome: Micro 17: Explain the effects of the factors of production, factor demand, and factorsupply and labor in factor marketsAACSB: Reflective Thinking38) In the legal sector, some practice areas have declined in recent years. For example, personal-injuryand medical-malpractice cases have been undercut by state laws limiting class-action suits,out-of-state plaintiffs and payouts on damages, and securities class-action litigation has declinedin part because of a buoyant stock market. How does this affect the market for lawyers?38)Diff: 2Page Ref: 550/550Topic: The Demand for LaborLearning Outcome: Micro 17: Explain the effects of the factors of production, factor demand, and factorsupply and labor in factor marketsAACSB: Reflective Thinking39) If education reform leads to a more skilled and better trained public, the economy wouldexperience39)Diff: 1Page Ref: 550/550Topic: The Demand for LaborLearning Outcome: Micro 17: Explain the effects of the factors of production, factor demand, and factorsupply and labor in factor marketsAACSB: Reflective Thinking40) Education reform could lead to a more skilled and better trained public. A more skilled and bettertrained public would40)Diff: 2Page Ref: 550/550Topic: The Demand for LaborLearning Outcome: Micro 17: Explain the effects of the factors of production, factor demand, and factorsupply and labor in factor marketsAACSB: Reflective Thinking12
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