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    Microeconomics Study Set 51
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    Exam 14: Wages, Union, and Labor
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    Exhibit 27-7 ​ Refer to Exhibit 27-7
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Exhibit 27-7 ​ Refer to Exhibit 27-7

Question 25

Question 25

Multiple Choice

Exhibit 27-7 ​ Exhibit 27-7 ​   Refer to Exhibit 27-7. As the firm increases employment from 30 to 40 workers, its total labor cost A) decreases by $190. B) increases by $190. C) increases by $60. D) increases by $170. Refer to Exhibit 27-7. As the firm increases employment from 30 to 40 workers, its total labor cost


A) decreases by $190.
B) increases by $190.
C) increases by $60.
D) increases by $170.

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