In a competitive labor market for bakers, the equilibrium wage rate _______. A. Rises if bakers become
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In a competitive labor market for bakers, the equilibrium wage rate _______.
A. Rises if bakers become more productive
B. Falls if the supply of bakers decreases
C. Rises if the market price of bakery items falls
D. Rises if new technology makes it easier for anyone to be a baker
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