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1. What is the price commonly called in the labor market? 2. Name some factors that can cause a shift in the demand curve in

1. What is the "price" commonly called in the labor market? 2. Name some factors that can cause a shift in the demand curve in labor markets. 3. Name some factors that can cause a shift in the supply curve in labor markets. 4.What is the price elasticity of supply? Explain in simple terms

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