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If There Are Powerful Buyers in a Labor Market, the Use

Question 28

Multiple Choice

If there are powerful buyers in a labor market, the use of the supply and demand model to analyze labor markets


A) will cause you to believe the wage will be higher than it is.
B) is completely accurate.
C) will cause you to believe the wage will be lower than it is.
D) will cause you to believe that fewer people will be hired than there will be.

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