Multiple Choice

-The figure above shows a local lawn cutting service's demand for labor curve when the price of cutting an acre of lawn is $50 per acre. How much labor will the firm hire if the market wage is $300 per day?
A) 0 workers
B) 1 worker
C) 2 workers
D) 3 workers
Correct Answer:
Verified
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A) definitely increases a firm's demand![]()
A) reservation