Levels of low unemployment force producers to decrease the prices of their goods to cover their increased labor costs. TRUE FALSE

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asked Sep 20, 2018 164k views

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Cdiazal · Answer 1 · 2018-09-24T15:13:14+0000

True because of supply and demand. If the demand is higher than the supply, or people cannot afford the supply, the demand must decrease in value so that people can facilitate the supply and keep it going.

Levels of low unemployment force producers to decrease the prices of their goods to cover their increased labor costs. TRUE FALSE

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