The labor demand curve shows how many workers the firm is willing to hire
A) at any particular time.
B) at a particular amount of labor supplied.
C) at any given wage.
D) into high-skill jobs.
E) when demand for the firm's output is low.

Question

Quizplus · Accepted Answer

The labor demand curve shows the quantity of labor that firms are willing to hire at any given wage, illustrating the inverse relationship between wages and the quantity of labor demanded.

The Labor Demand Curve Shows How Many Workers the Firm