If there is an increase in productivity or an increase in the demand for the final product, what is the impact in labour market? The labour demand curve will shift left. The labour supply curve will shift left. The labour supply curve will shift right. The labour demand curve will shift right.

If there is an increase in productivity or an increase in the demand for the final product, what is the impact in labour market? The labour demand curve will shift left. The labour supply curve will shift left. The labour supply curve will shift right. The labour demand curve will shift right.

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter10: Labor Markets And Income Distribution

Section: Chapter Questions

Problem 8SQ

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Question

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If there is an increase in productivity or an increase in the demand for the final product, what is the impact in the
labour market?
The labour demand curve will shift left.
The labour supply curve will shift left.
The labour supply curve will shift right.
The labour demand curve will shift right.

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