Without any change in the supply of labor,how are the following events likely to change the equilibrium wage and employment level in a firm that manufactures umbrellas?
a) A forecast of higher rainfall this year
b) A decrease in the price of raincoats
c) The introduction of labor-saving technology in the factory

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The Answer of Without any change in the supply of labor,how are the following events likely to change the equilibrium wage and employment level in a firm that manufactures umbrellas?
a) A forecast of higher rainfall this year
b) A decrease in the price of raincoats
c) The introduction of labor-saving technology in the factory

Without Any Change in the Supply of Labor,how Are the Following