Refer to the information provided in Figure 14.2 below to answer the questions that follow.
Figure 14.2
-Refer to Figure 14.2.Which of the following can change the equilibrium wage rate from $9 to $15?
A) The value people put on their leisure time increases.
B) The value of what firms produce decreases.
C) The productivity of workers decreases.
D) the value of what firms produce increases.
Correct Answer:
Verified
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