According to the? input-substitution effect, an increase in the wage ? increases decreases the quantity of labor per unit of ? output input ?, so the quantity of labor demanded ? decreases increases .


 

According to the? input-substitution effect,

an increasean increase

in the wage

?

increases

decreases

the quantity of labor per unit of

?

output

input

, so the quantity of labor demanded

?

decreases

increases

.


According to the? input-substitution effect,

an increase

in the wage

the quantity of labor per unit of

,

so the quantity of labor demanded

.

Economics

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