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    Principles of Economics Study Set 8
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    Exam 19: Earnings and Discrimination
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    Figure 19-7 ​ ​
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Figure 19-7 ​ ​

Question 84

Question 84

Short Answer

Figure 19-7
​ Figure 19-7 ​   ​ -Refer to Figure 19-7. 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 19-7. 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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