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ellie425 ellie425
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9 months ago
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
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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aliwchamounaliwchamoun
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9 months ago
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lower rate of capacity utilization in the industry
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ellie425 Author
wrote...

9 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Katey_maree
wrote...

Yesterday
This helped my grade so much Perfect
kriggs62
wrote...

2 hours ago
Good timing, thanks!
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