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9 October, 12:41

We would expect that a fall in labor supply will have a proportionately larger effect on the market wage rate when

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  1. 9 October, 12:49
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    If there will be a product that has been produced in the industry or market, giving the possibility of making up almost portions at large of the families budgets, then the expect that a fall in a labor supply will be giving a larger effect on the market wage rate.
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