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Use the Figure Below to Answer the Following Questions

Question 111

Multiple Choice

Use the figure below to answer the following questions. Use the figure below to answer the following questions. Figure 18.3.5 -Refer to Figure 18.3.5.This figure shows the labour supply curves and the value of marginal product curves for high-skilled and low-skilled workers.The equilibrium wage rate for low-skilled workers is A) $9 an hour. B) $21 an hour. C) $18 an hour. D) $15 an hour. E) $12 an hour. Figure 18.3.5
-Refer to Figure 18.3.5.This figure shows the labour supply curves and the value of marginal product curves for high-skilled and low-skilled workers.The equilibrium wage rate for low-skilled workers is


A) $9 an hour.
B) $21 an hour.
C) $18 an hour.
D) $15 an hour.
E) $12 an hour.

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