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Lopezj273 Lopezj273
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4 years ago

If the demand for labor is unchanged, an increase in the supply of labor will lead to



▸

a decrease in the quantity of labor demanded and an increase in the equilibrium wage.



▸

an increase in the quantity of labor demanded and a decrease in the equilibrium wage.



▸

an increase in the quantity of labor demanded and an increase in the equilibrium wage.



▸

a decrease in the quantity of labor demanded and a decrease in the equilibrium wage.

Textbook 
InMicro

InMicro


Edition: 1st
Authors:
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Antoinette12Antoinette12
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4 years ago
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Lopezj273 Author
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4 years ago
Thanks
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