Suppose that the market wage goes down by 4%. A firm then employs 12% more workers. What is the elasticity of labor dema

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Suppose that the market wage goes down by 4%. A firm then employs 12% more workers. What is the elasticity of labor dema

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Suppose that the market wage goes down by 4%. A firm thenemploys 12% more workers. What is the elasticity of labordemand?
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