Question
In a competitive labor market, because firms are price takers (with respect to the wage), the wage does not increase even if all firms increase
In a competitive labor market, because firms are price takers (with respect to the wage), the wage does not increase even if all firms increase their demand for labor and therefore hire more workers. is it true or false? why?
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Introduction To Health Care Management
Authors: Sharon B. Buchbinder, Nancy H. Shanks
3rd Edition
128408101X, 9781284081015
