rahafalhassan02 rahafalhassan02
  • 31-08-2021
  • Business
contestada

how wage growth reformer to labour market

Respuesta :

serah54
serah54 serah54
  • 31-08-2021

Answer:

Just as in any market, the price of labor, the wage rate, is determined by the intersection of supply and demand. When the supply of labor increases the equilibrium price falls, and when the demand for labor increases the equilibrium price rises.

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