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MrGrimey MrGrimey
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7 years ago
If a firm has market power in the output market but buys labor in a competitive market, it will hire the same quantity of labor that a competitive firm will.
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Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
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unExpectedunExpected
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7 years ago
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MrGrimey Author
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Thank you, thank you, thank you!
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