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All of the Following Are True of the Labor-Supply and Labor-Demand

Question 88

Multiple Choice

All of the following are true of the labor-supply and labor-demand curves intersection except they:


A) only intersect once.
B) intersect at the equilibrium wage.
C) intersect at the profit-maximizing quantity for the firms in the market.
D) intersect at the revenue-maximizing quantity for the firms in the market.

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