Assume that the marginal productivity of apple pickers has increased. Which graph best illustrates this change?

Expert Solution

Answer is 1) graph in part c)

As productivity rise,MP of labour increase

Since Labor demand curve is Marginal revenue product curve which is MP * Price of output

So Labor demand curve shifts rightwards

Labor supply curve being unchanged,

In a) Labor demand curve shifts inwards, which is wrong

In b & d , no shifting of Demand curve, hence wrong

Rahul Sunny answered 2 years ago

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