Question: which of the following would decrease the demand for labor? (i) a decrease in the output price (ii) an increase in the output price (iii)

which of the following would decrease the demand for labor?

(i) a decrease in the output price

(ii) an increase in the output price

(iii) a labor-saving technological advance

(iv) a labor-augmenting technological advance

a. (i) only

B. (i) and (iii) only

C. (ii) only

d. (ii) and (iv) only

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