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Semenov [28]
3 years ago
6

How pay for workers is determined?

Business
1 answer:
bogdanovich [222]3 years ago
3 0
According to most economics textbooks, our wages are determined just like any other price: by supply and demand. People supply their labor, and companies demand it, creating a market for labor.

I hope this answer helps you :D

And have a great day!
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