Identify the correct statement from the following

Discipline: Economics

Type of Paper: Question-Answer

Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 1 Words: 275

Buy For $1.00 Order Custom Paper

Buy For $1.00

Question

Identify the correct statement from the following

Identify the correct statement from the following.

a. The labor market exhibits rapid adjustment to changes in supply or demand conditions.

b. Wages offered for a particular type of job are the same across the country.

c. The labor market usually yields a range of wages rather than a unique equilibrium.

d. Wages exhibit frequent and prompt changes in response to changes in market conditions.