In the market for labor, demand describes(1 point)

Question

Responses

a the relationship between the quantity of labor that workers are willing to provide and the wages they are willing to accept.

b the relationship between the quantity of labor that firms are willing to hire and the wage that they are willing to pay.

c the quantity of labor that firms are willing to hire.

d the quantity of labor that workers are willing to provide.

Answer 1

b the relationship between the quantity of labor that firms are willing to hire and the wage that they are willing to pay.