Caroline is the owner of a hair-styling salon and spa. She decides to raise the wages of her workers even though she faces an excess supply of labor. Her decision.
a. might increase profits if it attracts a better pool of workers to apply for jobs at her salon.
b. will increase the excess supply of labor.
c. may increase the quality of her work force.
d. All of the above are correct.
Answers: 1
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