Multiple Choice
Phil's Copy Studio pays its workers $60 per day and sells poster-size copies for $10 per print.If the market wage rises to $70,then the:
A) demand for labor increases.
B) demand for labor decreases.
C) quantity demanded of labor increases,but the demand for labor curve does not shift.
D) quantity demanded of labor decreases,but the demand for labor curve does not shift.
Correct Answer:
Verified
Correct Answer:
Verified
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