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Figure: Equilibrium in the Labour Market
-(Figure: Equilibrium in the Labour Market) Use Figure: Equilibrium in the Labour Market.In the figure,a decrease in the price of the good produced,when everything else stays the same,will lead to a(n) _____ in the equilibrium quantity of labour and a(n) _____ in the equilibrium price of labour.
A) increase;increase
B) decrease;increase
C) increase;decrease
D) decrease;decrease
Correct Answer:
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