If a Firm in a Competitive Labor Market Offers Less

question 19

Multiple Choice

If a firm in a competitive labor market offers less than the market wage rate,it will:

• A)be able to attract a large number of employees because the marginal revenue product is low.
• B)find that it has broken a federal wage law.
• C)attract too few employees.
• D)find that the supply is greater than the demand.

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Definitions:

Leading Questions

Questions that are designed to suggest a particular answer or influence the respondent's reply.

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