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Title: A firm faces a labor market that is purely competitive and the market wage is $8. Which of the foll Post by: stars_and_moon on Jul 19, 2016 A firm faces a labor market that is purely competitive and the market wage is $8. Which of the following statements is true?
A) If the firm wants to hire more workers, it will have to offer a wage higher than $8 to attract the workers. B) The firm can hire as many or as few workers as it wants to at the market wage of $8. C) If the firm wants to lower its costs, it should pay its workers a wage lower than $8. D) all of the above Title: Re: A firm faces a labor market that is purely competitive and the market wage is $8. Which of the ... Post by: kingby on Aug 11, 2016 Content hidden
Title: Re: A firm faces a labor market that is purely competitive and the market wage is $8. Which of the foll Post by: stars_and_moon on Aug 17, 2016 Incredible!
Title: Re: A firm faces a labor market that is purely competitive and the market wage is $8. Which of the foll Post by: kingby on Aug 18, 2016 Great! Now we can move on to the next one
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