When wages rise in an industry due to a decrease in the supply of labor, we expect that the quantity of labor employed in that industry will

Name: When wages rise in an industry due to a decrease in the supply of labor, we expect that the quantity of labor employed in that industry will
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When wages rise due to a decrease in the supply of labor, the quantity of labor employed typically decreases because higher wages make it more expensive for firms to hire the same number of workers.

When Wages Rise in an Industry Due to a Decrease