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If an Employer Has to Raise the Wage Rate of Workers

Question 47

Multiple Choice

If an employer has to raise the wage rate of workers in order to employ more labor, then the marginal labor cost curve of the employer


A) lies above the supply curve of labor.
B) is the supply curve of labor that it faces.
C) lies below the supply curve of labor.
D) is a downward-sloping curve.

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