siyolisetikayo21 siyolisetikayo21
  • 12-02-2021
  • Business
contestada

Briefly explain how the demand curve for workers is determined.

Respuesta :

Аноним Аноним
  • 12-02-2021

Answer:

When the marginal revenue product of labor is graphed, it represents the firm's labor demand curve. The demand curve is downward sloping due to the law of diminishing returns; as more workers are hired, the marginal product of labor begins declining, causing the marginal revenue product of labor to fall as well.

Explanation:

Answer Link

Otras preguntas

I am a number less than 3,000.when you divide me by 32,my remainder is 30.when you divide me by 58   ,my remainder is 44.What number am I?
Use a factor tree to find the prime factorization of 164
charlotte has 12 t-shirts. One fourth of her t-shirts are green. How many of Charlotte T-shirts are green
What is the name Haley in Spanish?
if y=6x and x=1.5 find y
President Woodrow Wilson's statement "The world must be made safe for democracy" was made to justify his decision toa. end United States imperialism in Latin Am
What causes climate change?
What is (2x-3) squared?
Mendel realized that the principles of probability could be used to what the results of genetic crosses?
what is one reason that the offspring resulting from breeding the sheep with an unrelated sheep would not all be the same