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3. {20 marks] Demand for labor in a given market is in = 100 - 2w and {amplyr is L5 = 2w. Compare the competitive

3. {20 marks] Demand for labor in a given market is in = 100 - 2w and {amplyr is L5 = 2w. Compare the competitive and manage-am;r equilibrium levels of employment and wage

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