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Mathematics, 21.05.2021 14:00 mandy9386
Which of the following is true of the marginal factor cost for a firm hiring labor in a perfectly
competitive labor market?
(2 points)
It is constant and equal to the market wage rate
It is greater than the market wage rate
47
If a good's income-elasticity-of-demand estimate equaled
(2 Points)
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Which of the following is true of the marginal factor cost for a firm hiring labor in a perfectly
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