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Scenario: the Labor Market Equilibrium for Ski Patrol Positions at Bridge

Question 81

Multiple Choice

Scenario: The labor market equilibrium for ski patrol positions at Bridge Bowls Resort is shown in the figure below.
Scenario: The labor market equilibrium for ski patrol positions at Bridge Bowls Resort is shown in the figure below.    -Given the situation above,what will happen to the wage rate and quantity of labor supplied for the ski patrol? A)  The wage will decrease, and quantity will increase. B)  The wage will increase, and quantity will decrease. C)  The quantity will decrease, and wage could increase or decrease. D)  The wage will increase, and quantity could increase or decrease.
-Given the situation above,what will happen to the wage rate and quantity of labor supplied for the ski patrol?


A) The wage will decrease, and quantity will increase.
B) The wage will increase, and quantity will decrease.
C) The quantity will decrease, and wage could increase or decrease.
D) The wage will increase, and quantity could increase or decrease.

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