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Refer to Figure 14.2. Which of the following can change the equilibrium wage rate from $9 to $6? A) The value people put on their leisure time increases. B) The value of what fi…

Refer to Figure 14.2. Which of the following can change the equilibrium wage rate from $9 to $6? A) The value people put on their leisure time increases. B) The value of what fi…
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Refer to Figure 14.2. Which of the following can change the equilibrium wage rate from $9 to $6?

A) The value people put on their leisure time increases.
B) The value of what firms produce increases.
C) The productivity of workers decreases.
D) The productivity of workers increases.

Refer to Figure 14.2. Which of the following can change the equilibrium wage rate-example-1
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User The Vojtisek
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1 Answer

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The answer is C) the productivity of workers decreases.

answered
User Jokoon
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