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Read the following statements about reservation wages and select the correct one(s). (There can be one or more correct answers). Group of answer choices Workers'
Read the following statements about reservation wages and select the correct one(s). (There can be one or more correct answers). Group of answer choices Workers' reservation wages are not relevant to firms when firms are setting wage rates An increase in the wages offered by a firm attracts more workers with higher reservation wages. The reservation wage will be the same for all workers with similar qualifications. Workers will accept wages lower than their reservation wage if they have to remain unemployed otherwise
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