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Use the Following Graph,which Depicts Mighty Max's Labor Demand for His

Question 10

Multiple Choice

Use the following graph,which depicts Mighty Max's labor demand for his duffel bag business,to answer the following questions.The labor demand curve shown is calculated based on a duffel bag price of $10.
Use the following graph,which depicts Mighty Max's labor demand for his duffel bag business,to answer the following questions.The labor demand curve shown is calculated based on a duffel bag price of $10. -If 80 workers are hired,you know that the wage rate must be A) $25. B) $20. C) $15. D) $10. E) $5.
-If 80 workers are hired,you know that the wage rate must be


A) $25.
B) $20.
C) $15.
D) $10.
E) $5.

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