Events may decrease market labor demand

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Reference no: EM13815792

Which of the following events may decrease market labor demand? Choose all that apply.

1. A period of bad weather that causes a decrease in supply and a rise in price for one of the inputs used to make a good

2. A decrease in the output price

3. An increase in the wage rate

4. A technological improvement that is complementary for the labor in this market

Reference no: EM13815792

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