An Increase in the Cost of Training to Acquire a Skill

question 174

Multiple Choice

An increase in the cost of training to acquire a skill, which must be paid by the worker,

• A)increases both the supply of and demand for labor in that market
• B)decreases both the supply of and demand for labor in that market
• C)increases the supply of labor and decreases the demand for labor in that market
• D)decreases the supply of labor and increases the demand for labor in that market
• E)decreases the supply of labor only in that market