Mike sells navel oranges in a market where there are a lot of other sellers and faces a perfectly

Mike sells navel oranges in a market where there are a lot of other sellers and faces a perfectly

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 Mike sells navel oranges in a market where there are a lot of other sellers and faces a perfectly elastic demand curve for oranges. He hires 10 workers in a perfectly competitive market to help him with picking oranges. Given this information, it can be said that:

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Mike can employ only 10 workers as the supply of workers is fixed in a perfectly competitive labor market.

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the demand for workers is a positive function of the prevailing market wage rate.

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the demand curve for orange pickers is vertical.

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Mike cannot bargain with the workers over their wage rates.

 
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