Asked by Kshultz32
what is the correct anwser
Which of the following would cause the equilibrium wage rate to increase and the equilibrium quantity of labor to decrease?(1 point)
Responses
a decrease in the labor demand
an increase in the labor demand
a decrease in the labor supply
an increase in the labor supplyrect anwser
Which of the following would cause the equilibrium wage rate to increase and the equilibrium quantity of labor to decrease?(1 point)
Responses
a decrease in the labor demand
an increase in the labor demand
a decrease in the labor supply
an increase in the labor supplyrect anwser
Answers
Answered by
GPT 3.5
a decrease in the labor supply
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