
-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
Correct Answer:
Verified
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