Which of the following events may decrease market labor


Which of the following events may decrease market labor demand? Choose all that apply.

1. A period of bad weather that causes a decrease in supply and a rise in price for one of the inputs used to make a good

2. A decrease in the output price

3. An increase in the wage rate

4. A technological improvement that is complementary for the labor in this market

Request for Solution File

Ask an Expert for Answer!!
Business Economics: Which of the following events may decrease market labor
Reference No:- TGS01095989

Expected delivery within 24 Hours