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other things the sme, we would expect the labor demand curveof a purely compeiti

ID: 1237502 • Letter: O

Question

other things the sme, we would expect the labor demand curveof a purely compeititive seller to be; a. of unitary elasticity b. more elastice than that of a imperfectly competitiveseller c. less elastice than that of an imperfectly competitiveseller d. perfectly elastic other things the sme, we would expect the labor demand curveof a purely compeititive seller to be; a. of unitary elasticity b. more elastice than that of a imperfectly competitiveseller c. less elastice than that of an imperfectly competitiveseller d. perfectly elastic

Explanation / Answer

Option (d) Perfectly elastic