In a labor market with one employer, the MLC is

a. above the supply curve of labor
b. above the demand curve for labor
c. what determines the wage rate
d. downward sloping
e. horizontal

A

Economics

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Select one: a. 0.1 b. 2 c. 5 d. 10

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Although a LoJack benefits the community as a whole by lowering the incidence of theft, an individual car owner may prefer not to install it

Indicate whether the statement is true or false

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