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8 years ago
In the DMP model
A) the wage is equal to the marginal rate of transformation.
B) the market wage is equal to the marginal rate of substitution of leisure for consumption.
C) the wage is determined by bargaining between the firm and the worker.
D) the market wage is equal to the marginal product of labor.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
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GordisGordis
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