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If the Price of the Firm's Output Increases, the Demand

Question 62

Multiple Choice

If the price of the firm's output increases, the demand for labour curve


A) remains constant.
B) shifts rightward.
C) shifts leftward.
D) might shift leftward or rightward depending on whether the demand for the firm's product is elastic or inelastic.
E) could shift rightward, leftward or remain constant.

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