An unanticipated decline in the demand for legal services will

A) increase both the wages of lawyers and the rate of return they can expect to derive from their legal education.
B) lead to a shortage in the market for legal services.
C) reduce the wages of lawyers but not the quantity of legal services supplied.
D) reduce the wages of lawyers and the rate of return on a legal education..

Demand For Legal Services

The quantity of legal assistance that consumers are willing and able to purchase at a given price.

Wages Of Lawyers

This refers to the compensation or payment received by lawyers for their legal services, often influenced by factors such as experience, location, and the nature of legal work.

Legal Education

The field of study or training that prepares individuals to practice law, including undergraduate, graduate, and professional education.