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Which of the following statements does not explain employers' inability to reduce the wage rate in order to restrict the amount of economic rent? There
Which of the following statements does not explain employers' inability to reduce the wage rate in order to restrict the amount of economic rent? There is rivalry among employers. Trade unions insist that all employees performing the same task get the same wage rate. Employers do not know one's reservation wage rate. Eventually, the individual's labour supply curve will bend backwards
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