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An Increase in the Cost of Training to Acquire a Skill

Question 174

Multiple Choice

An increase in the cost of training to acquire a skill, which must be paid by the worker,


A) increases both the supply of and demand for labor in that market
B) decreases both the supply of and demand for labor in that market
C) increases the supply of labor and decreases the demand for labor in that market
D) decreases the supply of labor and increases the demand for labor in that market
E) decreases the supply of labor only in that market

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