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-The Tables Above Show a Nation's Labor Demand and Labor

Question 92

Multiple Choice

-The tables above show a nation's labor demand and labor supply schedules and its production function.The equilibrium real wage rate is ________ and the equilibrium quantity of labor is ________ billion hours per year. A) $50;100 B) $40;90 C) $30;80 D) $40;80 E) $20;110 -The tables above show a nation's labor demand and labor supply schedules and its production function.The equilibrium real wage rate is ________ and the equilibrium quantity of labor is ________ billion hours per year. A) $50;100 B) $40;90 C) $30;80 D) $40;80 E) $20;110
-The tables above show a nation's labor demand and labor supply schedules and its production function.The equilibrium real wage rate is ________ and the equilibrium quantity of labor is ________ billion hours per year.


A) $50;100
B) $40;90
C) $30;80
D) $40;80
E) $20;110

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