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SebKom SebKom
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6 years ago
If the absolute elasticity of labor demand is 2.0, then an eight percent increase in the wage will
A) increase employment by 16%.
B) increase employment by 4%.
C) decrease employment by 16%.
D) decrease employment by 4%.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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ShadiasShadias
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6 years ago
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