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Hi, can you please help me with this question? When the labour market is in equilibrium: a. Those who have jobs can improve their situation

Hi, can you please help me with this question?

When the labour market is in equilibrium:

a.

Those who have jobs can improve their situation by asking for higher pay.

b.

The firms are offering the highest wage to ensure workers' effort.

c.

Employment is the highest it can be, given the wage.

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