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    Economics Study Set 10
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    Exam 27: Wages Unions and Labor
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    Since Workers Today Can Move from City to City (Quite
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Since Workers Today Can Move from City to City (Quite

Question 5

Question 5

Multiple Choice

Since workers today can move from city to city (quite easily) and from firm to firm (again, quite easily) , it is unlikely that there are very many pure


A) monopsony firms.
B) oligopoly firms.
C) monopoly firms.
D) perfectly competitive firms.
E) factor price takers.

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