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Author Question: A firm's demand for labor A) increases when the price of the firm's output falls. B) decreases ... (Read 123 times)

123654777

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A firm's demand for labor
 
  A) increases when the price of the firm's output falls.
  B) decreases when the price of the firm's output falls.
  C) decreases when the wage rate decreases.
  D) always increases when the prices of other factors fall.

Question 2

In the figure above, the line of equality is
 
  A) curve A.
  B) curve B.
  C) curve C.
  D) curve D.



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Beatricemm

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Answer to Question 1

B

Answer to Question 2

A





 

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