1. The wage paid by a firm buying labor in a perfectly competitive market:

A) is greater than the market wage.

B) is less than the market wage.

C) is equal to the market wage.

D) increases with the quantity of labor hired.

2. The wage paid by a firm buying labor in a perfectly competitive market:

A) does not change with the quantity of labor hired.

B) is greater than the market wage.

C) is less than the market wage.

D) increases with the quantity of labor hired.