In a competitive labor market,at wages above equilibrium,the:

Name: In a competitive labor market,at wages above equilibrium,the:
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At wages above equilibrium, the quantity supplied of labor is greater than the quantity demanded. This is because the higher wage incentivizes workers to supply more labor, but at the same time, it makes employers less willing to demand labor as it becomes more expensive. As a result, there is a surplus of labor, which puts downward pressure on wages.

In a Competitive Labor Market,at Wages Above Equilibrium,the