Why does an employer's labor demand curve slope downward? substitution rule diminishing marginal product diminishing product demand marginal cost adjustment

Question

asked Nov 4, 2023 36.7k views

1 Answer

Allan McLemore · Answer 1 · 2023-11-08T11:46:36+0000

Answer:

Step-by-step explanation:

The labor demand curve slopes downward because of the law of diminishing returns.

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