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If the Demand for Labor Is Unchanged, an Increase in the Supply

Question 92

Multiple Choice

If the demand for labor is unchanged, an increase in the supply of labor will lead to


A) a decrease in the quantity of labor demanded and a decrease in the equilibrium wage.
B) an increase in the quantity of labor demanded and a decrease in the equilibrium wage.
C) an increase in the quantity of labor demanded and an increase in the equilibrium wage.
D) a decrease in the quantity of labor demanded and an increase in the equilibrium wage.

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