Which sentence explains how the labor industry is like other markets?I would certainly say Wages room high when the supply of labor is low and demand is high however If you didn"t messed anything up i would go v C.

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C) wages space high as soon as the it is provided of labor is high and also the need for job is low.

Explanation:

The workers offer their occupational to the carriers in exchange because that a value and, while lock work, they provide up other activities such as having actually fun, cleaning the house, taking care of your relatives, etc.

If wages increase, human being will be more motivated come work and also the labor supply will certainly be high. In addition, if wages increase, companies will mitigate the demand for labor, together it is more expensive to hire.

And ns think the t is exactly to ar this kind of macroeconomics questions in this classification of social studies.



Answer from: brandiwingard

D) Wages space high once the supply of job is low and also the need for labor is high.

Explanation:

The labor market refers to the need for accessible jobs in the culture (number of work available) and the it is provided of work needed in a populace (people who require a job).

Labor Market= need + it is provided

When there is high demand (there are numerous jobs) and small supply (few employees) wages are higher to attract people to vacant positions.

Demand + supply = Salary.

I expect this information can aid you.



Answer from: nkslsj

the price is D

Explanation:

hope that helped


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