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Economics

Explain carefully: "If all workers and jobs were identical, there would be just one wage rate, assuming perfect information and costless mobility." As part of your answer, use the graphs to illustrate what would happen if wages were initially unequal. Be sure to explain the role of the assumptions regarding information and mobility. What happens if they are violated?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9278582

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