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