Examlex
In the 1870s, what invention allowed the construction of large apartment buildings to become significantly cheaper?
Construction Workers
Individuals employed in the construction sector to work on buildings, roads, and other structures.
Demand
The level of demand for a good or service that purchasers can and want to buy across a range of prices within a certain time frame.
Market Wage Rate
The prevailing pay rate for a specific job in the labor market, influenced by factors like supply and demand.
Equilibrium Quantity
The amount of products or services offered and sought at the equilibrium price, a point where the supplied quantity matches the demanded quantity.
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