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Home Q & A Board Other Fields Homework Help Business Economics
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Ryanteck Ryanteck
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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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DeToXiFYDeToXiFY
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#1
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7 years ago
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Ryanteck Author
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7 years ago
Smart ... Thanks!
deathDoUsPart
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Yesterday
Thanks
my2redeyes
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2 hours ago
Thank you, thank you, thank you!
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