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Reference: Ref 17-2 (Table: Sunshine Flower Vase Co

Question 3

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Reference: Ref 17-2 (Table: Sunshine Flower Vase Co.) Refer to the table. If there is competition from new immigrants that lowers the market wage for each worker from $100 to $70 per day, how many workers would the firm hire? A) 5 B) 6 C) 7 D) 8 Reference: Ref 17-2 (Table: Sunshine Flower Vase Co.) Refer to the table. If there is competition from new immigrants that lowers the market wage for each worker from $100 to $70 per day, how many workers would the firm hire? A) 5 B) 6 C) 7 D) 8 Reference: Ref 17-2 (Table: Sunshine Flower Vase Co.) Refer to the table. If there is competition from new immigrants that lowers the market wage for each worker from $100 to $70 per day, how many workers would the firm hire?


A) 5
B) 6
C) 7
D) 8

Correct Answer:

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