36.7k views
2 votes
why does an employer's labor demand curve slope downward? substitution rule diminishing marginal product diminishing product demand marginal cost adjustment

User Sami Ullah
by
5.4k points

1 Answer

6 votes

Answer:

Step-by-step explanation:

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

Hope it helps! ヽ(ヅ)ノ

User Allan McLemore
by
4.9k points