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Reference: 12127 -(Exhibit: Demand and Supply of Bricklayers in a Perfectly Competitive

Question 114

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Reference: 12127 Reference: 12127 -(Exhibit: Demand and Supply of Bricklayers in a Perfectly Competitive Labor Market) If the price (wage) of bricklayers is $100 per day, that price was determined by: A) the firm hiring the bricklayers. B) demand and supply in the market for bricklayers. C) the government. D) where MRP<sub>BRICKLAYERS</sub> = MP<sub>BRICKLAY</sub><sub>ERS</sub> x P of output.
-(Exhibit: Demand and Supply of Bricklayers in a Perfectly Competitive Labor Market) If the price (wage) of bricklayers is $100 per day, that price was determined by:


A) the firm hiring the bricklayers.
B) demand and supply in the market for bricklayers.
C) the government.
D) where MRPBRICKLAYERS = MPBRICKLAYERS x P of output.

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