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Management · Q140

Labour and Social Welfare

Graduate and Post Graduate · Management · question 140

Q140

. . . . . . . . is an individual firm which takes the market wage rate as given, just as the firm in a perfectly competitive product market takes the price for its output as given.

A.
Wage differential
B.
Wage takes
Answer
C.
Both A and B
D.
Neither A nor B

Answer: Option B

Solution

Answer: Option B
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