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    Microeconomics Principles for a Changing World
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    Exam 11: The Labor Market
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    In the Following Graph, the Wage Rate Paid by the Employer
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In the Following Graph, the Wage Rate Paid by the Employer

Question 320

Question 320

Multiple Choice

In the following graph, the wage rate paid by the employer is _____, while the value that the last worker contributes to the firm is _____.
In the following graph, the wage rate paid by the employer is _____, while the value that the last worker contributes to the firm is _____.   A)  W<sub>0</sub>; W<sub>1</sub> B)  W<sub>1</sub>; W<sub>C</sub> C)  W<sub>C</sub>; W<sub>1</sub> D)  W<sub>0</sub>; W<sub>C</sub>


A) W0; W1
B) W1; WC
C) WC; W1
D) W0; WC

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