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Limit: 1:50:00 Time Left:1:39:47 Eva ONDONGO NGALA: Attempt 1 LO Question 20 (1 point) If price is greater than marginal cost then allocation efficiency is

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Limit: 1:50:00 Time Left:1:39:47 Eva ONDONGO NGALA: Attempt 1 LO Question 20 (1 point) If price is greater than marginal cost then allocation efficiency is not reached True False Question 21 (1 point) Unions increase the power of workers to have greater bargaining power in increasing wages. True False Question 22 (1 point) The Wagner Act of 1935 establishes procedures for establishing a union that firms are obligated to follow; sets up the National Labor Relations Board for deciding disputes. 24 True False Question 23 (1 point) Monopsony power of firms means that firms can pay lower wages to workers

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