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Home Q & A Board Other Fields Homework Help Business Economics
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sperry263 sperry263
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A year ago
The following figure shows the labor demand curve, LD1, and labor supply curve, LS1, in a market. A month later, the labor demand curve shifts to LD2.




Refer to the figure above. If there is downward wage rigidity in the market, what will be the wage rate, everything else remaining unchanged?

▸ $10

▸ $30

▸ $15

▸ $25
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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kitty123kitty123
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A year ago
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sperry263 Author
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A year ago
Brilliant ツ
Lourd Jenkins
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Yesterday
Thank you, thank you, thank you!
homework1
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2 hours ago
Good timing, thanks!
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