Question:

If a person's wage decreses:?

by Guest31736  |  earlier

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a. his marginal value product curve will shift to the left

b. his marginal value product curve will shift to the right

c. there will be a movement to the northwest along the marginal value product curve

d. there will be more household work done

e. the slope of the marginal value product curve will increase

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  1. If a person's wage decreses he/she will just have go out and get a second job.  

    If he/she doesn't he/she will be shiftless.  

    There will have to be a move to a cheeper home.  Downsizing will facilitate less house work.  

    Things will have to be mended rather than thrown out.


  2. b. his marginal value product curve will shift to the right

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