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  3. Study Set
    Microeconomics Study Set 51
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    Exam 13: Factor Markets: With Emphasis on the Labor Market
  5. Question
    Exhibit 26-3 ​ Refer to Exhibit 26-3. the Firm Must Be a
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Exhibit 26-3 ​ Refer to Exhibit 26-3. the Firm Must Be a

Question 55

Question 55

Multiple Choice

Exhibit 26-3 ​
Exhibit 26-3 ​   Refer to Exhibit 26-3. The firm must be a A) price taker in the product market. B) price searcher in the product market. C) price taker in the factor market. D) price searcher in the factor market.
Refer to Exhibit 26-3. The firm must be a


A) price taker in the product market.
B) price searcher in the product market.
C) price taker in the factor market.
D) price searcher in the factor market.

Correct Answer:

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