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If the equilibrium wage rate in Exhibit 11-4 increased, the cause could be that: a. either the demand for labor increased or the supply of

If the equilibrium wage rate in Exhibit 11-4 increased, the cause could be that: a. either the demand for labor increased or the supply of labor decreased. b. the price of the product produced by the labor decreased. c. the wage increased. d. the marginal product of labor decreased

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