Use the Following to Answer Question

Use the following to answer question:
Figure: Equilibrium in the Labor Market
-(Figure: Equilibrium in the Labor Market) Use Figure: Equilibrium in the Labor Market.In the figure,a decrease in the price of the good produced,when everything else stays the same,will lead to a(n) _____ in the equilibrium quantity of labor and a(n) _____ in the equilibrium price of labor.

A) increase;increase
B) decrease;increase
C) increase;decrease
D) decrease;decrease

Correct Answer:

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