When the wage rate falls and nothing else changes, there is ________the labor demand curve.

Name: When the wage rate falls and nothing else changes, there is ________the labor demand curve.
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Quizplus · Accepted Answer

When the wage rate falls and nothing else changes, there is a movement down along the labor demand curve, not a shift of the curve itself. This is because the labor demand curve reflects the relationship between the wage rate and the quantity of labor demanded, holding all else constant.

When the Wage Rate Falls and Nothing Else Changes, There