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Econ343
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12
April 2025
2024/2025
A+
Assuming workers and jobs are identical, if information is perfect and job search and migration
are costless, then
A. labor may or may not flow among employers.
B. labor will flow among employers until all wages are equal.
C. labor will flow among employers until all economic profits are zero, but wages may be unequal.
D. all firms will hire the same number of workers in equilibrium and pay them all the same wage.
2. Which of the following would tend to increase labor supply to a particula...
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