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Which of the Following Is True About the Equilibrium Market

Question 14

Multiple Choice

Which of the following is true about the equilibrium market wage? A.All workers are satisfied with the wage.


A) All employers are satisfied with the wage.
B) There is no unemployment in the market at the equilibrium wage.
C) Competitive employers have market power with respect to the equilibrium wage.
D) All workers are satisfied with the wage.

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