November 29, 2015

Homework Help: economics

Posted by matt on Friday, November 16, 2012 at 11:57am.

The price of a wideget increases by 90%. What effect would we expect this to have on the equilibrium wage rate of workers who make widgets?

Would this increase, decrease, or keep the wage rate the same?

Answer this Question

First Name:
School Subject:

Related Questions

More Related Questions