The fact that a(n) _______ in the _______ tends to _______ wages explains efforts by some groups to reduce labor _______ .
A) increase; supply of labor; reduce; demand
B) decrease; supply of labor; increase; supply
C) increase; demand for labor; increase; supply
D) decrease; demand; increase; demand

Question

Quizplus · Accepted Answer

An increase in the supply of labor tends to reduce wages, as more workers are competing for the same jobs, leading some groups to attempt to reduce labor supply to prevent wage decreases.

The Fact That A(n) _______ in the _______ Tends to _______

The Fact That A(n) ___ in the _ Tends to _____