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Title: Suppose there are 100 firms in a market and all are identical. Firm A will hire 20 workers when the ... Post by: achalmers on Mar 2, 2019 Suppose there are 100 firms in a market and all are identical. Firm A will hire 20 workers when the wage rate is $10, 25 workers when the wage rate is $9, and 30 workers when the wage rate is $8. The equilibrium wage rate for a number of years has been $9. If the wage rate falls to $8, we know that
• the quantity demanded for the market will increase to 3,000 workers. • the quantity demanded for the market will increase to less than 3,000 workers. • the quantity demanded for the market will increase to more than 3,000 workers. • the quantity demanded for the market will increase, but we can't tell which of the above answers is correct. Title: Suppose there are 100 firms in a market and all are identical. Firm A will hire 20 workers when the ... Post by: jrhome1985! on Mar 2, 2019 Content hidden
Title: Suppose there are 100 firms in a market and all are identical. Firm A will hire 20 workers when the ... Post by: achalmers on Mar 2, 2019 TY
Title: Suppose there are 100 firms in a market and all are identical. Firm A will hire 20 workers when the ... Post by: jrhome1985! on Mar 2, 2019 Welcome :)
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