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3 (1 point) In a perfectly competitive labour market, employers will not pay less than the market wage because, at a wage below the equilibrium
3 (1 point) In a perfectly competitive labour market, employers will not pay less than the market wage because, at a wage below the equilibrium wage: Question 3 options: there would be a surplus of workers. they would be inundated with excess workers. they would not be able to hire anyone. the equilibrium wage would rise
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