True or False
1.The demand for the labor does not come from entrepreneurs
2.Laborers who are in scarcer supply are able to lower price of the goods that are produced
3.The more a worker can do for his firm the more he is worth to a firm
4.An equilibrium wage is when supply and demand are uneven
5.If the wage is too high and cannot be bid down to the equilibrium wage then unemployment results
6.The reason for most long-term unemployment is that minimum wage laws and union contracts have made wages high and do not go down
7.Modern industry sometimes deals with labor unions

Question

True or False 
1.The demand for the labor does not come from entrepreneurs
2.Laborers who are in scarcer supply are able to lower price of the goods that are produced
3.The more a worker can do for his firm the more he is worth to a firm
4.An equilibrium wage is when supply and demand are uneven
5.If the wage is too high and cannot be bid down to the equilibrium wage then unemployment results
6.The reason for most long-term unemployment is that minimum wage laws and union contracts have made wages high and do not go down
7.Modern industry sometimes deals with labor unions