Answer:
Increases the equilibrium wage of carpenters and increases the value of carpenters’ marginal product of labor.
Explanation:
Hello,
In economics, when it is said that a demand is increased a higher amount of a particular product must be manufactured due to the higher customers' requirements. It causes an increasing in the workers' labor time and effort which consequently will provide them a higher equilibrium wage typically by extra hours, nonetheless, they will have more work to do, increasing their marginal product of labor as well, in such a way the answer is: An increase in the demand for houses, increases the equilibrium wage of carpenters and increases the value of carpenters’ marginal product of labor.
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