In the labour market, equilibrium is achieved by adjustment in the:

Name: In the labour market, equilibrium is achieved by adjustment in the:
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In the labor market, equilibrium is achieved through adjustments in the wage rate. This is because the wage rate is the price of labor, and adjustments in this rate help balance the supply of labor (from workers) with the demand for labor (from employers).

In the Labour Market, Equilibrium Is Achieved by Adjustment in The