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The Labour Market Supply Curve

Question 71

Multiple Choice

The labour market supply curve:


A) can be obtained by adding all individual businesses' resource supply curves
B) is horizontal at the prevailing market wage rate
C) shows the total number of workers offering their services in the labour market at each possible wage
D) is downward-sloping, as workers will offer more of their services the higher the wage they receive for them
E) is vertical at the equilibrium level of employment

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