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If the relative price of one product rises and labor is mobile, then in the short run Group of answer choices labor will move to
If the relative price of one product rises and labor is mobile, then in the short run Group of answer choices labor will move to the sector where the output price did not change. labor will move to the sector where the output price increase happened. labor will increase in both sectors. labor will remain unchanged in each sector
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Foundations of Business
Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor
6th edition
1337386928, 9781337670975 , 978-1337386920
