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If the graph shown is displaying a competitive market and the market is currently offering a wage more than P*:
Logical File Pointer
A pointer or reference that represents the current position within a file, used to read from or write to the file at specific locations.
Data File
A file that contains data used by a computer program, often structured in a specific format for easy access and manipulation.
Physical File Pointer
A reference within a file system that points to the actual location of data on a storage device.
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