An increase in the supply of labour in a factory while other things remain equal…

Economics JAMB 1994

An increase in the supply of labour in a factory while other things remain equal will lead to?

  • an increase in the wage rate and an increase in the number of people employed
  • a decreased in the wage rate and a decrease in employment
  • an increase in the wage rate and an decrease in the employment
  • a decrease in the wage rate and an increase in employment checkmark

The correct answer is: D

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