All other things being equal, which one of the following is most likely to cause the marginal revenue product of labour (MRPLMRP_LMRPL) curve in the electric bicycle manufacturing industry to shift to the right?
A decrease in the hourly wage rate paid to electric bicycle assembly workers.
A decrease in the total number of technicians employed in the electric bicycle industry.
An increase in consumer demand for electric bicycles.
An increase in the number of international competitors entering the electric bicycle market.
64 exam-style questions on AQA A Level Economics 1.6 The labour market (A-level only), covering 1.6.1 The demand for labour, marginal productivity theory, 1.6.2 Influences upon the supply of labour to different markets, 1.6.3 The determination of relative wage rates and levels of employment in perfectly competitive labour markets, 1.6.4 The determination of relative wage rates and levels of employment in imperfectly competitive labour markets, 1.6.5 The Influence of trade unions in determining wages and levels of employment, 1.6.6 The National Minimum Wage, and 1.6.7 Discrimination in the labour market. Each one has a worked solution and a mark scheme showing where the marks go.