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The Following Question Are Based on the Following Perfectly Competitive

Question 59

Multiple Choice

The following question are based on the following perfectly competitive firm's demand curve for labor:
The following question are based on the following perfectly competitive firm's demand curve for labor: -This firm would hire no labor if the price per day rose above A) $6. B) $30. C) $40. D) $60. E) $80.
-This firm would hire no labor if the price per day rose above


A) $6.
B) $30.
C) $40.
D) $60.
E) $80.

Correct Answer:

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