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11 Dec 2019
Initially the market for labor is in equilibrium, and then laborers suddenly are willing to work more hours. In that case, equilibrium wage __________ and the quantity of workers employed__________. a. decreases; decreases b. increases; increases c. decreases; increases. d. increases; decreases
Initially the market for labor is in equilibrium, and then laborers suddenly are willing to work more hours. In that case, equilibrium wage __________ and the quantity of workers employed__________. a. decreases; decreases b. increases; increases c. decreases; increases. d. increases; decreases
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