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rado202 rado202
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A year ago
Suppose there is a competitive market for retail workers at a large shopping mall that is large enough to constitute its own labour market. The labour demand curve is QD = 1000 - 20(w). The labour supply curve is Q= 400 + 40(w). What is the equilibrium level of employment?

▸ 40

▸ 800

▸ 400

▸ 20

▸ 1000
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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coconut122coconut122
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A year ago
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