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Just like the normal consumer market is made up of people trying to buy certain products, the labor market consists of different firms trying to hire employees for certain tasks.
Microeconomics: Principles, Problems, & Policies, 20th Edition
by McConnell, Campbell; Brue, Stanley; Flynn, Sean
Published by
McGraw-Hill Education
ISBN 10:
0077660811
ISBN 13:
978-0-07766-081-9
Chapter 15 - Wage Determination - Discussion Questions - Page 350: 3
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