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(Figure: Labor in a Competitive Market A) in the Figure

Question 46

Multiple Choice

(Figure: Labor in a Competitive Market A) In the figure, if the firm hires two workers, the price of labor at equilibrium is:
(Figure: Labor in a Competitive Market A) In the figure, if the firm hires two workers, the price of labor at equilibrium is: A) $150. B) $300. C) $450. D) $600.


A) $150.
B) $300.
C) $450.
D) $600.

Correct Answer:

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