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Ryanteck Ryanteck
wrote...
Posts: 559
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7 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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Answer verified by a subject expert
DeToXiFYDeToXiFY
wrote...
Top Poster
Posts: 668
7 years ago
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Ryanteck Author
wrote...

7 years ago
Thank you, thank you, thank you!
wrote...

Yesterday
Good timing, thanks!
wrote...

2 hours ago
You make an excellent tutor!
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