Multiple Choice
An increase in the real wage would result in a
A) movement along the labour demand curve,causing an increase in the number of workers hired by the firm.
B) shift of the labour demand curve,causing an increase in the number of workers hired by the firm.
C) movement along the labour demand curve,causing a decrease in the number of workers hired by the firm.
D) shift of the labour demand curve,causing a decrease in the number of workers hired by the firm.
Correct Answer:
Verified
Correct Answer:
Verified
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