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    Exam 17: The Labor Market and the Distribution of Income
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    Table 17.4 -Refer to Table 17.4.If the Wage Rate Is $12 and $12
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Table 17.4 -Refer to Table 17.4.If the Wage Rate Is $12 and $12

Question 55

Question 55

Multiple Choice

   Table 17.4 -Refer to Table 17.4.If the wage rate is $12 and the output sells for $3 per unit,how many workers will the firm hire? A)  1 B)  2 C)  3 D)  4
Table 17.4
-Refer to Table 17.4.If the wage rate is $12 and the output sells for $3 per unit,how many workers will the firm hire?


A) 1
B) 2
C) 3
D) 4

Correct Answer:

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