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How will the following shift the demand for labour or supply of labour curve? Also indicate what would happen to equilibrium wage rate and equilibrium
How will the following shift the demand for labour or supply of labour curve? Also indicate what would happen to equilibrium wage rate and equilibrium quantity of labour.
The price of product X that these workers are producing increases
Due to the covid 19 pandemic, workers are not able to come to canada for work
Workers now enjoy more leisure hours
Capital becomes cheaper and labour and capital are substitutes
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