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Sublight2097 Sublight2097
wrote...
Posts: 4132
7 years ago
When unions or legislation makes it necessary for a firm to pay higher wages,
A) efficiency declines.
B) income is transferred from wealthy people to poor people.
C) the marginal value of retained employees falls.
D) the marginal value of retained employees rises.
E) total purchasing power increases.
Textbook 

The Economic Way of Thinking


Edition: 13th
Authors:
Read 239 times
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SmooothSmoooth
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Top Poster
Posts: 5500
7 years ago
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Sublight2097 Author
wrote...
7 years ago
Seriously, you've been tremendously helpful! Thank you.
wrote...
7 years ago
My pleasure Happy Dummy
wrote...
A month ago
Thx
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