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what is the relationship between demand and wages? if demsmd rises, I have to make more,...

what is the relationship between demand and wages? if demsmd rises, I have to make more, I need more people , wages rise.is this a correct assumprion






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Yes, they are directly related, for example right now the market need 10 oreos only so we need 10 people to make 10 oreos, bu the demand increase, and oreo becomes costly and the demand curve has shifted to the right so the quantity and price both rise, now to fulfil that demand more labor will be needed and that increased demand for labor will increase the wages.

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