Which of the following is a correct statement about the labour market?
A) workers determine the supply of labour and firms determine the demand for labour
B) workers determine the demand for labour and firms determine the supply of labour
C) workers determine the supply of labour and government determines the demand for labour
D) government determines the supply of labour and firms determine the supply of labour
Correct Answer:
Verified
Q61: Graph 6-5 Q62: Minimum wage laws dictate the: Q63: Graph 6-4 Q64: Graph 6-6 Q65: A binding price ceiling causes: Q67: The justification for the minimum wage is Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
A)average price employers![]()
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A)excess supply
B)a shortage
C)a