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A high elasticity of demand for for labor means that A small change in the wage rate causes a smaller percentage change in the quantity
A high elasticity of demand for for labor means that A small change in the wage rate causes a smaller percentage change in the quantity of labor demanded. A small change in the wage rate causes the same percentage change in the quantity of labor demanded. A small change in the wage rate causes no change in the quantity of labor demanded. A small change in the wage rate causes a larger percentage change in the quantity of labor demanded
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