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An Upward-Sloping Labor Supply Curve Implies That

Question 4

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An upward-sloping labor supply curve implies that


A) a firm can always hire more workers, even without increasing the wage.
B) more workers are willing work when wages are low.
C) more workers are willing to work as the market wage increases.
D) the labor supply is fixed.
E) there is a continuously increasing demand for labor.

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