=+time. c. Immediately after the school year begins, fast-food chains must raise wages, which represent the price

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=+time.

c. Immediately after the school year begins, fast-food chains must raise wages, which represent the price of labor, to attract workers.

d, Many construction workers temporarily move to areas that have suffered hurricane damage, lured by higher wages.

e. Since new technologies have made it possible to build larger cruise ships (which are cheaper to run per

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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