In a perfectly competitive labor market:
A. Employees can never be paid below a subsistence level (i.e., they will always be able to make enough money to survive).
B. No one can be made better off without making someone else worse off.
C. Employers can never make so little profit that they go out of business.
D. Both employer and workers will make enough money to survive.
B. No one can be made better off without making someone else worse off.
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