Question

Which of the following best explains why the law of supply and demand has

an effect on the labor market?
O
A. Labor involves costs and benefits.
O
B. There is always a surplus of labor.
O
C. Labor is a factor of production.
O
D. Labor is a commodity.

Answer 1

D. Labor is a commodity.

Step-by-step explanation:

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Answer 2

Labor is a commodity best explains why the law of supply and demand has an effect on the labor market.