The relationship between the wage rate and the quantity of labor that workers wish to supply in total is called:
a. the market supply curve for labor.
b. the market demand curve for labor.
c. an individual demand curve for labor.
d. an individual supply curve for labor.
Question 2
The late business historian Alfred Chandler blamed Britain's competitive difficulties in the early twentieth century on:
a. the structure of the firms.
b. the removal of trade barriers.
c. the lack of innovation.
d. inefficient transfer of information within firms.
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