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    Business
  3. Study Set
    Microeconomics Principles Applications
  4. Exam
    Exam 17: The Labor Market and the Distribution of Income
  5. Question
    -Refer to Figure 17
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-Refer to Figure 17

Question 95

Question 95

Multiple Choice

  -Refer to Figure 17.2.If the hourly wage increases from $9 to $12,then A)  quantity demanded for labor will rise. B)  demand for labor will decrease. C)  quantity supplied of labor will increase. D)  supply of labor will fall.
-Refer to Figure 17.2.If the hourly wage increases from $9 to $12,then


A) quantity demanded for labor will rise.
B) demand for labor will decrease.
C) quantity supplied of labor will increase.
D) supply of labor will fall.

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