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drwalkinboner drwalkinboner
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7 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
Author:
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david200095367david200095367
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#1
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7 months ago
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drwalkinboner Author
wrote...

7 months ago
this is exactly what I needed
foxrcng11
wrote...

Yesterday
Smart ... Thanks!
sweetalia
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2 hours ago
Thanks
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