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1.)In the labor markets, a.)Job applicants are the \"buyers\" while employers ar

ID: 1183451 • Letter: 1

Question

1.)In the labor markets, a.)Job applicants are the "buyers" while employers are the "sellers" b.)Job applicants are the "sellers" while employers are the "buyers" c.)Job applicants and employers are both "buyers" d.)Job applicants and employers are both "sellers" 2.)Which factor will decrease the demand for a product? a.)A decrease in buyers' incomes and the product is an inferior good b.)A decrease in the price of a substitute product c.)An expected increase in the future price of the product d.)A decrease in the price of a complementary product

Explanation / Answer

d

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