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    Microeconomics Study Set 8
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    Exam 12: The Markets for Labour and Other Factors of Production
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    The Labour Supply Curve
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The Labour Supply Curve

Question 14

Question 14

Multiple Choice

The labour supply curve


A) shows the relationship between the wage rate and the quantity of labour supplied.
B) shows the quantity of jobs supplied at various wage rates.
C) is unit-elastic.
D) is U-shaped.

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