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    Principles of Microeconomics Study Set 10
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    Exam 19: Earnings and Discrimination
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    Figure 19-6 -Refer to Figure 19-6. Given Demand, D1, and Supply, S1
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Figure 19-6 -Refer to Figure 19-6. Given Demand, D1, and Supply, S1

Question 4

Question 4

Short Answer

Figure 19-6 Figure 19-6   -Refer to Figure 19-6. Given demand, D1, and supply, S1, if wages adjust to balance labor supply and labor demand, what are the wage and quantity of labor?
-Refer to Figure 19-6. Given demand, D1, and supply, S1, if wages adjust to balance labor supply and labor demand, what are the wage and quantity of labor?

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