Phil's Copy Studio pays its workers $60 per day and sells poster-size copies for $10 per print.If the market wage rises to $70, what happens to Phil's labor demand?

Name: Phil's Copy Studio pays its workers $60 per day and sells poster-size copies for $10 per print.If the market wage rises to $70, what happens to Phil's labor demand?
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Question

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When the market wage rises, the cost of hiring workers increases, leading to a decrease in the quantity of labor demanded, but the demand curve itself does not shift.

Phil's Copy Studio Pays Its Workers $60 Per Day and Sells