question archive Suppose a wage increase from $17 to $19 an hour increases the number of job applicants from 42 to 56
Suppose a wage increase from $17 to $19 an hour increases the number of job applicants from 42 to 56
Subject:EconomicsPrice:2.88 Bought3
Suppose a wage increase from $17 to $19 an hour increases the number of job applicants from 42 to 56. What is the price elasticity of labor supply? Round to two decimal places and use the mid-point formula.
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