Which of the following would improve a worker’s marginal product? Group of answer choices an increase in the minimum wage investment in human capital policies requiring health insurance higher tariffs on exported goods If a union successfully restricts the supply of labor to the firm but the union has no effect on the demand for labor, then the Group of answer choices wage increases and employment decreases. wage increases and there is no change in employment. wage increases and there is an unambiguous effect on employment. wage increases and employment increases.
Which of the following would improve a worker’s marginal product? Group of answer choices an increase in the minimum wage investment in human capital policies requiring health insurance higher tariffs on exported goods If a union successfully restricts the supply of labor to the firm but the union has no effect on the demand for labor, then the Group of answer choices wage increases and employment decreases. wage increases and there is no change in employment. wage increases and there is an unambiguous effect on employment. wage increases and employment increases.
Chapter16: The Markets For Labor, Capital, And Land
Section: Chapter Questions
Problem 14P
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Question
Which of the following would improve a worker’s marginal product?
Group of answer choices
an increase in the minimum wage
investment in human capital
policies requiring health insurance
higher tariffs on exported goods
If a union successfully restricts the supply of labor to the firm but the union has no effect on the demand for labor, then the
Group of answer choices
wage increases and employment decreases.
wage increases and there is no change in employment.
wage increases and there is an unambiguous effect on employment.
wage increases and employment increases.
Please answer to these two questions
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