Multiple Choice
Which of the following is true of the supply and demand curves for the labor market?
A) The supply curve slopes downward and the demand curve slopes upward.
B) The supply curve slopes upward and the demand curve slopes downward.
C) Both the supply curve and the demand curve slope upward.
D) Both the supply curve and the demand curve slope downward.
E) Both the supply curve and the demand curve are horizontal.
Correct Answer:
Verified
Correct Answer:
Verified
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