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10. In a model of labor supply and labor demand, unemployment can occur when a. the wage is less than the point where labor supply
10. In a model of labor supply and labor demand, unemployment can occur when a. the wage is less than the point where labor supply equals demand b. the labor supply curve is vertical c. there is a wage in the labor market that is above the wage where supply equals demand d. the demand curve is horizontal e. Wal-mart opens a shop in the local town
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