Multiple Choice
Use the figure below to answer the following questions.
Figure 18.3.1
-Refer to Figure 18.3.1. This figure shows the value of marginal product of labour curve, the labour supply curve, and the marginal cost of labour curve. If this labour market is competitive, the quantity of labour employed is
A) zero hours.
B) 50 hours.
C) 75 hours.
D) 100 hours.
E) greater than 100 hours.
Correct Answer:

Verified
Correct Answer:
Verified
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