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Suppose a firm purchases labor in a competitive labor market and sells its product in a competitive product market. The firm's elasticity of demand for

Suppose a firm purchases labor in a competitive labor market and sells its product in a competitive product market. The firm's elasticity of demand for labor is -1.2. Suppose the wage changes by 18%. The amount of labor hired by firm will change by ___ %. (please make sure your answer has the correct sign)

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