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The reservation wage is Question options: the wage that ensures a laid-off individual will wait for re-hire, rather than find another job. the lowest wage

The reservation wage is Question options: the wage that ensures a laid-off individual will wait for re-hire, rather than find another job. the lowest wage firms are allowed by law to pay workers. the wage that an employer must pay workers to reduce turnover to a reasonable level. the wage offer that will end a labor-strike. none of the above

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