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An Upward-Sloping Labor Supply Curve Implies That

Question 13

Multiple Choice

An upward-sloping labor supply curve implies that


A) a firm can always hire more workers, even without increasing the wage.
B) more workers are willing to work when wages are low.
C) more workers are willing to work as the market wage increases.
D) labor supplied is fixed.
E) there is a continuously increasing demand for labor.

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