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Author Question: Which of the following statements about a firm's demand for labor curve and its value of marginal ... (Read 21 times)

burton19126

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on: May 24, 2019
Which of the following statements about a firm's demand for labor curve and its value of marginal product of labor curve is true?
◦ The value of marginal product curve slopes upward and the demand for labor curve slopes downward.
◦ The demand for labor curve shows the amount of labor firms will hire based on the wage rate while the value of marginal product curve shows the amount of output supplied based on the wage rate.
◦ The value of marginal product curve is steeper than the demand for labor curve.
◦ The demand for labor curve is the same as the value of marginal product curve.
◦ The value of marginal product curve lies above the demand for labor curve.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by burton19126 on May 24, 2019

Mochi

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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burton19126

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

strudel15

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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