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-Refer to the Diagram Above

Question 96

Multiple Choice

  -Refer to the diagram above.Starting at labour demand curve D,an increase in demand for the industry's output causes a(n) __________,which drives the equilibrium wage __________ and the equilibrium employment level __________. A)  increase in the quantity of labour demanded;up;up B)  increase in labour demand;up;down C)  decrease in labour demand;down;down D)  increase in labour demand;down;down E)  increase in labour demand;up;up
-Refer to the diagram above.Starting at labour demand curve D,an increase in demand for the industry's output causes a(n) __________,which drives the equilibrium wage __________ and the equilibrium employment level __________.


A) increase in the quantity of labour demanded;up;up
B) increase in labour demand;up;down
C) decrease in labour demand;down;down
D) increase in labour demand;down;down
E) increase in labour demand;up;up

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