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3. Suppose that the demand and supply for labor in the car industry is given by: Ld:725w [3:310 a) (3 Points) Mathematically derive the equilibrium

3. Suppose that the demand and supply for labor in the car industry is given by: Ld:725w [3:310 a) (3 Points) Mathematically derive the equilibrium (10* and L\") if we assume a perfectly competitive labor market

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