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Assume that the wage elasticity of labour demand is inelastic. Which of the following statements is true? Group of answer choices If the wage decreases,
Assume that the wage elasticity of labour demand is inelastic. Which of the following statements is true? Group of answer choices If the wage decreases, the labour demand curve will shift to the right. If the wage increases, there is no change in quantity demanded If the wage increases, then the total payroll, or wage bill, decreases. If the wage increases, the quantity demanded of labour increases. If the wage increases, the labour demand curve will shift to the left
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