Business, 20.01.2020 23:31 coolkitty35

Suppose it is observed that the equilibrium wage and employment level have both risen in a competitive labor market. one can infer that:

a. the demand for labor has increased.
b. the supply of labor has decreased.
c. the supply of labor has increased.
d. the demand for labor has decreased.

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Suppose it is observed that the equilibrium wage and employment level have both risen in a competiti...

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