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S 12 Wage rate J CO 0 110 140 150 180 200 Units of labor (in millions) Refer to the above figure. The equilibrium number

S 12 Wage rate J CO 0 110 140 150 180 200 Units of labor (in millions) Refer to the above figure. The equilibrium number of people employed is _ million people and the equilibrium wage rate is $_ 200:12 150; 8 140; 8 140; 7

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