If the demand for hair gel increases,the effect on the hair gel manufacturing job market will be to

Name: If the demand for hair gel increases,the effect on the hair gel manufacturing job market will be to
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If the demand for hair gel increases, the manufacturers will need more labor to produce more hair gel to meet the increased demand. As a result, the demand for labor will increase which will ultimately lead to an increase in equilibrium wages. Therefore, choice A is the correct answer.

If the Demand for Hair Gel Increases,the Effect on the Hair