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Figure: Equilibrium in the Labor Market Use the following to answer questions: Figure: Equilibrium in the Labor Market   -(Figure: Equilibrium in the Labor Market)  In the figure Equilibrium in the Labor Market, an increase in the productivity of labor, when everything else stays the same, will lead to a(n)  _____ in the equilibrium quantity of labor and a(n)  _____ in the equilibrium price of labor. A)  decrease; increase B)  increase; decrease C)  decrease; decrease D)  increase; increase
-(Figure: Equilibrium in the Labor Market) In the figure Equilibrium in the Labor Market, an increase in the productivity of labor, when everything else stays the same, will lead to a(n) _____ in the equilibrium quantity of labor and a(n) _____ in the equilibrium price of labor.


A) decrease; increase
B) increase; decrease
C) decrease; decrease
D) increase; increase

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