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Which of the Following Could Explain a Decrease in Labor

Question 57

Multiple Choice

Which of the following could explain a decrease in labor supply to a particular labor market?


A) an increased preference for this type of work
B) a decrease in the size of the population
C) an increase in the number of firms in the market
D) a leftward shift of the marginal revenue product curve of labor at a typical firm
E) a reduction in wages rates for similar types of work

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