PLS CAN ANYONE REVIEW CAREFULLY AND HELP ? PLS 25.......The market supply of labor curve has a
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PLS CAN ANYONE REVIEW CAREFULLY AND HELP ? PLS
25.......The market supply of labor curve has a positive slopeif higher wages induce households to choose
A.
leisure rather than supplying labor in the labor market.
B.
supplying labor in the labor market rather than leisure.
C.
work less hours because they are getting paid more.
D.
demanding labor rather than supplying it.
30.. , If a firm finds? that, at its current level of?employment, VMP? > W it will
A.
increase the amount of labor it hires.
B.
be maximizing profits.
C.
be minimizing profits.
D.
decrease the amount of labor it hires.
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