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Exhibit 11.1 -Refer to Exhibit 11.1.If the Labor Market Is Initially in Market

Question 54

Multiple Choice

Exhibit 11.1
Exhibit 11.1 -Refer to Exhibit 11.1.If the labor market is initially in equilibrium,why would supply shift to the left? A) improved technology B) a fall in input prices C) less costly regulations D) an increase in productivity E) a more favorable wage in another labor market
-Refer to Exhibit 11.1.If the labor market is initially in equilibrium,why would supply shift to the left?

A) improved technology
B) a fall in input prices
C) less costly regulations
D) an increase in productivity
E) a more favorable wage in another labor market

Correct Answer: