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    Microeconomics Study Set 2
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    Exam 17: The Markets for Labor and Other Factors of Production
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    If the Market Wage Rate Increases, a Firm's Labor Demand
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If the Market Wage Rate Increases, a Firm's Labor Demand

Question 125

Question 125

True/False

If the market wage rate increases, a firm's labor demand curve does not shift but the labor supply curve shifts to the right.

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