Ceteris paribus, an increase in human capital will cause the equilibrium wage in a competitive market to a. increase b. decrease c. remain the same d. change, but we cannot tell the effect on the equilibrium wage without more information

Economics For Today
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Chapter11: Labor Markets
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Ceteris paribus, an increase in human capital will cause the equilibrium wage in a competitive market to a. increase b. decrease c. remain the same d. change, but we cannot tell the effect on the equilibrium wage without more information
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