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Tuesday, 10 September 2013

If the labour demand curve shifts to the left and the labour supply curve remains unchanged, what will happen to the equilibrium wage and the equilibrium level of employment? resources?



If the labour demand curve shifts to the left and the labour supply curve remains unchanged, what will happen to the equilibrium wage and the equilibrium level of employment?


  • the equilibrium wage and equilibrium employment will fall
     

resources?
                                                                             

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