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Figure 14.2.1 -Refer to Figure 14.2.1 Above. the Firm in Panel (B)

Question 8

Multiple Choice

Figure 14.2.1 -Refer to Figure 14.2.1 above. The firm in panel (b) pays a wage equal to: A) w<sub>1</sub>. B) w<sub>2</sub>. C) the wage paid by the firm in the competitive labor market in panel (a) . D) the price of the product. Figure 14.2.1
-Refer to Figure 14.2.1 above. The firm in panel (b) pays a wage equal to:


A) w1.
B) w2.
C) the wage paid by the firm in the competitive labor market in panel (a) .
D) the price of the product.

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