For a firm in a perfectly competitive labour market, the supply curve of labour is

a.elastic.

b.perfectly elastic.

c.perfectly inelastic

d.inelastic.

The demand for labour is described as a derived demand since it depends on

a.consumer demand for the output produced.

b.the supply of labour.

c.competitive markets.

d.the market for capital

An outward shift in consumer demand for lentil beans will

a.lead to downward pressure on the wages of those producing lentil beans

b.raise the price of lentil beans and shift out the marginal revenue product of labour producing lentil beans

c.lead to more capital and less labour used in producing lentil beans

d.raise the price of lentil beans and shift inward the marginal revenue product of labour producing lentil beans