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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
The demand for labor curve is
A) a vertical line because firms have to hire labor.
B) upward sloping, showing that as the real wage rate increases, more workers are hired.
C) a horizontal line because we assume that the real wage rate is fixed.
D) downward sloping, showing that the quantity of labor demanded increases when the real wage falls.
E) U-shaped.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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8 years ago
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8 years ago
My pleasure Happy Dummy
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