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From course:

Microeconomic MCQ 1

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Question:

19.In a competitive labor market, the equilibrium wage rate is detennined by A) custom and tradition. B) employers. C) the intersection of labor demand and labor supply. D) employees. E) government regulation.

Author: Gonza R



Answer:

C) the intersection of labor demand and labor supply.


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Author

Gonza R
Gonza R