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    Microeconomics Study Set 45
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    Exam 17: Wage Determination
  5. Question
    Marginal Resource (Labor)cost Will Always Exceed the Wage Rate When
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Marginal Resource (Labor)cost Will Always Exceed the Wage Rate When

Question 49

Question 49

True/False

Marginal resource (labor)cost will always exceed the wage rate when the employer is selling its product in an imperfectly competitive market.

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