Examlex
Which of the following would result in a short-run increase in the wage rate in a competitive labor market?
Self-Employed
Individuals who work for themselves, either running their own business or freelance, without being employed by another organization.
Necessity-based Entrepreneurship
Starting a business out of a need for employment rather than seizing an opportunity or innovative idea.
Corporate Career Backgrounds
The professional experiences and pathways within corporations that individuals have taken.
Entrepreneurial Venture
A startup or a new business established by an entrepreneur with the aim of seeking innovation, growth, and profit.
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