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If the demand for labor decreases, then the equilibrium wage rate ________ and the equilibrium quantity of labor ________. Question 48 options: A) falls; does
If the demand for labor decreases, then the equilibrium wage rate ________ and the equilibrium quantity of labor ________. Question 48 options: A) falls; does not change B) falls; decreases C) falls; increases D) rises; might increase, decrease, or not change E) might rise, fall, or not change; increases
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Managerial Economics
Authors: William F. Samuelson, Stephen G. Marks
8th edition
1118808940, 978-1119025900, 1119025907, 978-1119025924, 978-1118808948
