An increase in the demand for labour is likely to lead to:
A) A higher wage rate and a lower quantity employed
B) A lower wage rate and a higher quantity employed
C) A higher wage rate and a higher quantity employed
D) A lower wage rate and a lower quantity employed
Correct Answer:
Verified
Q2: The demand for labour is dependent on
Q3: Labour is a _ of production.
A) Force
B)
Q4: An increase in the wage rate will
Q5: Demand for labour is likely to be
Q6: An increase in the wage rate may
Q8: An increase in the supply of labour
Q9: An increase in the wage rate may
Q10: Sometimes employees form organizations to represent and
Q11: In the labour market, equilibrium is achieved
Q12: Which of the following would cause a
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