Multiple Choice
Susan earns $100 per day in wages for an 8 hour day. Her employer earns $100 per day in profits.
A) Necessary labor time is equal to 8 hours.
B) Surplus labor time is equal to 8 hours.
C) Necessary labor time is 4 hours and surplus labor time is 4 hours.
D) Necessary labor time cannot be determined from the information give.
Correct Answer:

Verified
Correct Answer:
Verified
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