Multiple Choice
Other things remaining the same,which of the following is likely to cause a decrease in both the wage rate and the number of workers hired in a glass factory?
A) The introduction of labor-saving technology in the factory
B) The introduction of labor-complementary technology in the factory
C) A decrease in population in the region where the factory is located
D) An increase in population in the region where the factory is located
Correct Answer:
Verified
Correct Answer:
Verified
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