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Competitive Supply Curves of Labor to the Firm

When a firm does not influence the wage rate no matter how many workers this hires, then: (1) MRPL = MRCL for all feasible output levels for the firm. (2) MRCL = MPPL for all feasible output levels for the firm. (3) MPPL = MRPL for all feasible output levels for the firm. (4) MR = MC for all feasible output levels for the firm. (5) w = MRCL for all feasible output levels for the firm.

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