if-a-firms-mrp-decreases-what-is-the-likely-impact-on-its-demand-for-labor

Question

If a firm's MRP decreases, what is the likely impact on its demand for labor?

Accepted Answer

The demand for labor will decrease.

Answer

The demand for labor will remain unchanged.

Answer

The demand for labor will become unpredictable.

Answer

The demand for labor will increase.