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snowicefox17 snowicefox17
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5 years ago
Which of the following statements is TRUE about the market and individual firm's supply curve for labor?

• The market supply curve is more inelastic than the firm's supply curve.

• The market supply curve is more elastic than the firm's supply curve.

• The market supply curve is perfectly elastic and the individual firm's supply curve is perfectly inelastic.

• The market supply curve is perfectly inelastic and the individual firm's supply curve is perfectly elastic.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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Cele_1015Cele_1015
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5 years ago
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Correct Slight Smile TY
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