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Business, 30.07.2020 17:01 djwattam

If the wage rate increases from $13 to $17 and, as a result, the quantity demanded of labor decreases from 10,000 workers to 6,000 workers, then the absolute value of the elasticity of demand for labor is , which tells us that the demand for labor in this situation is . Group of answer choices

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If the wage rate increases from $13 to $17 and, as a result, the quantity demanded of labor decrease...

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