Stewarton is a beach town with many restaurants. In the summer, tourists often visit Stewarton, which creates an increased demand for these restaurants. Given this, which of the following will NOT be true in the labor market for restaurant workers in the summer?

Question

Quizplus · Accepted Answer

In the summer, with an increased demand for restaurant services in Stewarton, employers will likely need more workers and may be willing to pay higher wages to attract the necessary staff, leading to an increase, not a decrease, in the equilibrium wage of restaurant workers.

Stewarton Is a Beach Town with Many Restaurants