Ignore the fact that I selected answers

If the demand for a good decreases significantly, then (3 points) the quantity of labor supplied to produce the good will decrease the supply of labor to produce the good will increase only the quantity demanded of labor for the good decreases the demand for the labor used to make the good decreases the demand for the labor used to make the good increases 11. (05.01 MC) In the factor market, _ make up demand and provide the supply. (3 points) businesses; households O households; businesses government; business firms O households; entrepreneurs households; the government 12. (05.01 MC) Suppliers of factors of production in a perfectly competitive market respond to higher factor prices by of their factors, ceteris paribus. (3 points) O increasing the productivity decreasing the productivity O changing the quality O decreasing the quantity available increasing the quantity available 13. (05.04 MC) In a monopsonistic market, firms will hire where marginal resource cost equals _ and pay a _ down to the supply curve. (3 points) marginal revenue product of labor; wage rate O marginal factor cost; wage rate marginal product; product price O marginal revenue product of labor; product price marginal factor cost; product price