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If the Price of the Output Produced by a Particular

Question 67

Multiple Choice

If the price of the output produced by a particular type of labor decreases,which of the following shifts should occur in the labor market for the particular type of labor?


A) Demand for labor should shift to the left.
B) Supply of labor should shift to the left.
C) Demand for labor should shift to the right.
D) Supply of labor should shift to the right.

Correct Answer:

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