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endah87 endah87
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9 months ago

If a firm is a factor price taker in the labor market,



it must pay higher wages in order to hire additional workers.



it can hire all the workers it wants to at the going wage rate.



it must hire all workers who apply for a job.



it will continue to hire workers as long as MFC > MRP.

Textbook 
Economics

Economics


Edition: 12th
Author:
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jaymasterjaymaster
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9 months ago
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endah87 Author
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9 months ago
Brilliant
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Yesterday
This helped my grade so much Perfect
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Helped a lot
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