Which of the Following Statements Is True

question 32

Multiple Choice

Which of the following statements is true?

• A) All workers are willing to work at the equilibrium wage rate.
• B) At all wages below the equilibrium wage rate, labor supplied exceeds labor demanded.
• C) At all wages above the equilibrium wage rate, labor demanded equals zero.
• D) Some workers may be willing to work only at a wage rate above the equilibrium wage rate.

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