If the Demand for Labour Is Unchanged, an Increase in the Supply

question 213

Multiple Choice

If the demand for labour is unchanged, an increase in the supply of labour will lead to

• A)a decrease in the quantity of labour demanded and a decrease in the equilibrium wage.
• B)an increase in the quantity of labour demanded and a decrease in the equilibrium wage.
• C)an increase in the quantity of labour demanded and an increase in the equilibrium wage.
• D)a decrease in the quantity of labour demanded and an increase in the equilibrium wage.

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