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Questions
M457DV8NKB
Target Exam
CUET
Subject
Economics
Chapter
Micro Economics: Market Equilibrium
Question:
Market demand curve for labour is
Options:
Straight line
Upward sloping
Downward sloping
Horizontal line
Correct Answer:
Downward sloping
Explanation:
At higher wage, less labour is demanded thereby leading to a downward sloping demand curve.
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