What will happen if there is an increase in wage rate-09429
What will happen if there is an increase in wage rate?
This multiple choice question (MCQ) is related to the book/course vu eco404 Managerial Economics. It can also be found in vu eco404 Final Term - Quiz No.6.
What will happen if there is an increase in wage rate?
Short run cost curve will shift upward
Short run cost curve will shift downward
There is movement along the short run cost curve
No change will happen in the cost curve