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Home Q & A Board Other Fields Homework Help Business Economics
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Ryanteck Ryanteck
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6 years ago
Suppose the supply of labor schedule increases in a perfectly competitive labor market while the market demand schedule remains unchanged. A profit maximizing representative firm will
A) hire the same number of workers.
B) hire less workers.
C) substitute capital for labor.
D) hire more workers.
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DeToXiFYDeToXiFY
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6 years ago
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Ryanteck Author
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6 years ago
Thanks
hannahspillett
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Yesterday
Thanks for your help!!
aricketts6@
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2 hours ago
Brilliant ツ
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