Changes in supply and demand in the labour market will cause changes in wages.

Name: Changes in supply and demand in the labour market will cause changes in wages.
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Quizplus · Accepted Answer

This is because an increase in demand for a certain type of labour will increase wages for that type of labour, while an increase in supply will decrease wages. Conversely, a decrease in demand will decrease wages, while a decrease in supply will increase wages.

Changes in Supply and Demand in the Labour Market Will