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drwalkinboner drwalkinboner
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8 months ago

Suppose that all the necessary conditions exist for the realization of equal wage rates in every labor market, but that currently the wage rate in market X is higher than the wage rate in market Y. We expect that eventually the wage rate



in market X will increase more.



in market Y will decrease.



in market X will decrease and the wage rate in market Y will increase.



will not change in either market, because something out of the ordinary must have caused the wage rates in the two markets not to be equal.



a and b

Textbook 
Economics

Economics


Edition: 12th
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david200095367david200095367
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8 months ago
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drwalkinboner Author
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8 months ago
Thank you, thank you, thank you!
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Thanks for your help!!
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