In order to obtain the substitution effect of a wage change:
A) One traces the change in output as firms respond to it.
B) One traces the change in the quantity demanded of labour by moving along an isoquant curve as the prices change.
C) One moves either up or down the labour demand curve.
D) One traces the change of the quantity demanded of labour through a parallel shift in the isocost line.
E) One needs to first know the wage elasticity of demand for labour.
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