Which of the following is likely to cause a rise in the wage rate and a decrease in the number of workers hired in a garage?

Question

Quizplus · Accepted Answer

The opening of a new garage nearby that offers higher wages to its workers would likely cause the original garage to increase wages to retain or attract skilled workers, potentially leading to a decrease in the number of workers hired due to the increased labor costs.

Which of the Following Is Likely to Cause a Rise