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  2. Topic
    Business
  3. Study Set
    Modern Labor Economics Study Set 1
  4. Exam
    Exam 11: Pay and Productivity: Wage Determination Within the Firm
  5. Question
    Which of the Following Assumptions Are We Making for the First
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Which of the Following Assumptions Are We Making for the First

Question 2

Question 2

Multiple Choice

Which of the following assumptions are we making for the first time in this chapter?


A) Workers maximize utility.
B) Employers maximize profits.
C) The marginal product of labor of two workers may be different.
D) The productivity of two workers may differ in ways that are hard to measure.

Correct Answer:

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