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Title: Higher relative wages for labor tends to Post by: Sublight2097 on Jun 20, 2015 Higher relative wages for labor tends to
A) increase the supply of labor. B) decrease the demand for labor. C) encourage firms to find substitutes, such as automation. D) accomplish all of the above. Title: Re: Higher relative wages for labor tends to Post by: Sydnie on Jul 9, 2015 Content hidden
Title: Re: Higher relative wages for labor tends to Post by: Sublight2097 on Aug 31, 2015 My mind was going in all different directions trying to figure this one out. Thanks so much.
Title: Re: Higher relative wages for labor tends to Post by: Sydnie on Aug 31, 2015 I was confident with my answer, glad it was correct.
Oh, and thumbs-up are more than welcome :) |