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Shifts in Labor Demand
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Problem 9
Shifts in Labor Demand
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15. Markets for the Factors of Production / Shifts in Labor Demand / Problem 8
Problem 8
If a new technology decreases the productivity of workers, what happens to the equilibrium quantity of labor?
A
The equilibrium quantity of labor fluctuates unpredictably.
B
The equilibrium quantity of labor decreases.
C
The equilibrium quantity of labor increases.
D
The equilibrium quantity of labor remains unchanged.
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