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Non-monetary benefits

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If people desire the nonmonetary benefits of a given job more than before, then the

a. demand for labor curve will shift to the right
b. demand for labor curve will shift to the left
c. supply of labor curve will shift to the right
d. supply of labor curve will shift to the left

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Ans.: C (supply of labor curve will shift to the ...

Solution Summary

This solution highlights what happens to the demand for labor curve if people desire the nonmonetary benefits of a given job.

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