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    Exam 17: The Labor Market and the Distribution of Income
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    Table 17.3 -Refer to Table 17.3.If the Market Price of the Product
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Table 17.3 -Refer to Table 17.3.If the Market Price of the Product

Question 45

Question 45

Multiple Choice

   Table 17.3 -Refer to Table 17.3.If the market price of the product is $5 and the wage rate is $40,the firm should hire ________ workers. A)  2 B)  3 C)  4 D)  5
Table 17.3
-Refer to Table 17.3.If the market price of the product is $5 and the wage rate is $40,the firm should hire ________ workers.


A) 2
B) 3
C) 4
D) 5

Correct Answer:

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