A firm is a price taker in the labor market if
A) the skills of available workers do not match the requirements for the job.
B) there is a scarcity of labor in the market.
C) the hiring of more workers will drive the existing wage rate up.
D) the hiring of more workers will leave the existing wage rate unchanged.
Answer: D
Economics
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The practice of medicine in the United States came under widespread regulation _____
a. before the Civil War b. between the Civil War and World War I c. between World War I and World War II d. after World War II
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