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-In the Above Figure, the Competitive Wage Rate Is ________

Question 218

Multiple Choice

-In the above figure, the competitive wage rate is ________ and the quantity of labor is ________. A) $7.00; 150 hours B) $8.00; 200 hours C) $6.00; 100 hours D) $8.00; 100 hours
-In the above figure, the competitive wage rate is ________ and the quantity of labor is ________.


A) $7.00; 150 hours
B) $8.00; 200 hours
C) $6.00; 100 hours
D) $8.00; 100 hours

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