In Figure 17.3, an increase in the demand for labor will cause the equilibrium:
A. wage and hours of labor used to increase.
B. wage and hours of labor used to decrease.
C. wage to increase and hours of labor used to decrease.
D. wage to decrease and hours of labor used to increase.
Answer: A
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A. 1 %. B. 2 %. C. 3 %. D. 4 %.
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