A small town in a rural area only has one large factory which employs most of the residents of the t

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A small town in a rural area only has one large factory which employs most of the residents of the t

A small town in a rural area only has one large factory which employs most of the residents of the town. How is the wage rate received by town residents and the quantity of residents hired different from if there were many different small firms employing labor in that town?

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stars_and_moon Author

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8 years ago

I figured, great answer

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kingby

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8 years ago

I was slightly debating this one, thanks for the feedback

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