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A firm wouldhire 23,672workers if the wage rate is $15and would hire 12,172workers if the wage rate is $21.What is the firm's elasticity of labor
A firm wouldhire 23,672workers if the wage rate is $15and would hire 12,172workers if the wage rate is $21.What is the firm's elasticity of labor demand? (please make sure your answer has the correct sign)
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