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When the Price Firms Receive for Their Output Rises,the Resulting

Question 9

Multiple Choice

When the price firms receive for their output rises,the resulting ________ in the real wage rate leads firms to profitably employ ________ labor than before,thus ________ the amount of output willingly supplied.


A) fall,more,raising
B) fall,less,raising
C) rise,less,lower
D) rise,more,raising

Correct Answer:

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