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    Exam 31: Labor Unions
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    If a Firm Hires 12 Workers at $9 Per Hour
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If a Firm Hires 12 Workers at $9 Per Hour

Question 31

Question 31

Multiple Choice

If a firm hires 12 workers at $9 per hour each and the 13th worker will be hired only if the wage rate falls to $8 per hour,the marginal wage rate must be


A) -$8.
B) $8.
C) -$4.
D) $4.

Correct Answer:

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