An increase in the wage rate paid to construction workers will tend to _________. a) decrease the

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An increase in the wage rate paid to construction workers will tend to _________.

a) decrease the demand for homes

b) cause a movement along the supply curve for new homes

c) decrease the supply of new homes

d) increase the supply of new homes

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Related Book For answer-question

Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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Question Posted: Feb 29, 2024 07:01 AM

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An increase in the wage rate paid to construction workers will tend to _________. a) decrease the

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ANSWER The correct answer is c decrease the supply ...View the full answer

Microeconomics

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