The definition of market equilibrium states that at the _______________, the quantity of labor demanded by employers will equal
1 answer:
The definition of market equilibrium states that the quantity of labor demanded by employers will equal the quantity supplied at an equilibrium wage.
<h3>What is an equilibrium?</h3>The point at which the forces of demand and supply are equal from both the sides, and there is an expression of a perfect competition in the market, such point is known as an equilibrium.
Hence, option B holds true regarding equilibrium.
Learn more about equilibrium here:
#SPJ1
You might be interested in
Answer: (a) 2.4%
(b) 9.68*10^-3mg/m^3
Explanation:
See attachment
