Multiple Choice
An unanticipated decline in the demand for legal services will
A) increase both the wages of lawyers and the rate of return they can expect to derive from their legal education.
B) lead to a shortage in the market for legal services.
C) reduce the wages of lawyers but not the quantity of legal services supplied.
D) reduce the wages of lawyers and the rate of return on a legal education..
Correct Answer:
Verified
Correct Answer:
Verified
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