Exhibit 12-6 If the Market Represented in Exhibit 12-6

question 168

Multiple Choice

Exhibit 12-6 If the market represented in Exhibit 12-6 is allowed to operate freely, total employment in the market will be

• A)10 workers
• B)12 workers
• C)600 workers
• D)720 workers
• E)800 workers

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Definitions:

Miles

A unit of length equal to 5,280 feet or approximately 1,609 meters, used primarily in the United States and the United Kingdom.

New York City

A major metropolitan city located in the state of New York, known for its significant cultural, financial, and media influence both nationally and internationally.

Wealth

The abundance of valuable resources or material possessions.