If there are many employers in a market and each has limited market power,the demand for labor is likely to be characterized as

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If there are many employers in the market and each has limited market power, then no single employer has the ability to influence the wage rate. This means that there is a large number of buyers (employers) and sellers (workers) in the labor market. In such a scenario, the demand for labor is likely to be competitive in nature.

If There Are Many Employers in a Market and Each