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Exhibit 11.2 -Refer to Exhibit 11.2,which Shows the Labor Market.The Vertical Axis

Question 75

Multiple Choice

Exhibit 11.2
Exhibit 11.2 -Refer to Exhibit 11.2,which shows the labor market.The vertical axis measures wage in dollars,and the horizontal axis measures labor in hours.The economic rent in equilibrium is represented by the area _____ A) a. B) b. C) c. D) a + b. E) b + c.
-Refer to Exhibit 11.2,which shows the labor market.The vertical axis measures wage in dollars,and the horizontal axis measures labor in hours.The economic rent in equilibrium is represented by the area _____


A) a.
B) b.
C) c.
D) a + b.
E) b + c.

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