Jgarciar1025 Jgarciar1025
  • 24-02-2018
  • Business
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Name some factors that can cause a shift in the demand curve in labor markets

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camillepoindext
camillepoindext camillepoindext
  • 24-02-2018
When output price rises, the labor demand curve shifts to the right – more labor is demanded at each wage. When output price falls, less labor is demanded at each wage. Technological change causes the MPL function to change, generally to in- crease at each level of L. This shifts the labor demand curve to the right.

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