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    Microeconomics Study Set 23
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    Exam 14: Markets for Factor Inputs
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    Figure 14.2.2 -Refer to Figure 14.2.2 Above. Along the Supply Curve, Up
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Figure 14.2.2 -Refer to Figure 14.2.2 Above. Along the Supply Curve, Up

Question 96

Question 96

Multiple Choice

  Figure 14.2.2 -Refer to Figure 14.2.2 above. Along the supply curve, up to point A, some workers would have worked for less than the going wage rate. This concept is represented by: A)  Area B. B)  Area C. C)  the rectangle (w* × L*) . D)  none of the above Figure 14.2.2
-Refer to Figure 14.2.2 above. Along the supply curve, up to point A, some workers would have worked for less than the going wage rate. This concept is represented by:


A) Area B.
B) Area C.
C) the rectangle (w* × L*) .
D) none of the above

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