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Other Fields Homework Help Economics Topic started by: ellie425 on Nov 23, 2022



Title: Several firms in an industry laid off their workers. Assuming all else equal, this will lead to a ________.
Post by: ellie425 on Nov 23, 2022
Several firms in an industry laid off their workers. Assuming all else equal, this will lead to a ________.

▸ higher rate of capacity utilization in the industry

▸ higher real wage in the industry

▸ lower rate of capacity utilization in the industry

▸ higher rate of output in the industry


Title: Several firms in an industry laid off their workers. Assuming all else equal, this will lead to a ________.
Post by: aliwchamoun on Nov 23, 2022
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