For any competitive labor market,changes that decrease the number of workers will:
A) decrease the labor supply and shift the supply curve left.
B) increase the labor supply and shift the supply curve right.
C) decrease the labor supply and shift the supply curve right.
D) increase the labor supply and shift the supply curve left.
Correct Answer:
Verified
Q120: Q121: If it is a cultural norm to Q123: A slump in one industry could increase Q126: For any competitive labor market,what change would Q127: The supply of labor is determined by Q128: If it is a cultural norm to Q129: If adopted by a firm,a labor-augmenting piece Q130: The determinants of labor supply include: Q130: If the product produced by workers experiences Q131: If the U.S. experiences an enormous surge
A)culture and
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