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Use the Graph to Answer the Question About the Labor

Question 230

Multiple Choice

Use the graph to answer the question about the labor resource market faced by producers of good X. What will shift D ₁ to D ₂? A) a decrease in the price of labor B) a decrease in demand for good X C) an increase in the price of a complementary input D) an increase in the price of good X Use the graph to answer the question about the labor resource market faced by producers of good X. What will shift D ₁ to D ₂?


A) a decrease in the price of labor
B) a decrease in demand for good X
C) an increase in the price of a complementary input
D) an increase in the price of good X

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