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take advantage of the now cheaper labor. The substitution effect indicates what happens to the firm's employment as the wage changes, holding output constant, and
take advantage of the now cheaper labor. The substitution effect indicates what happens to the firm's employment as the wage changes, holding output constant, and is given by the move from Q to R. Holding output
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Research Design Qualitative Quantitative And Mixed Methods Approaches
Authors: John W. Creswell, J. David Creswell
5th Edition
1506386709, 9781506386706
