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ellie425 ellie425
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2 months ago
Several firms in an industry laid off their workers. Assuming all else equal, this will lead to a ________.

▸ higher rate of capacity utilization in the industry

▸ higher real wage in the industry

▸ lower rate of capacity utilization in the industry

▸ higher rate of output in the industry
Textbook 

Macroeconomics


Edition: 3rd
Authors:
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aliwchamounaliwchamoun
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2 months ago
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More solutions for this book are available here
lower rate of capacity utilization in the industry

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ellie425 Author
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2 months ago
Thanks for your help!!
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Yesterday
Just got PERFECT on my quiz
Mcb
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2 hours ago
Thank you, thank you, thank you!
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