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Author Question: In ________, changes in technology affect the marginal revenue product of a unit of labor input. In ... (Read 65 times)

Hungry!

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on: Apr 19, 2019

Question 1

A firm's ________ curve in a perfectly competitive product market is the same as its supply curve. Similarly, a firm's ________ curve in a perfectly competitive labor market is the same as its demand curve.


◦ marginal revenue product; marginal cost
◦ marginal cost; marginal revenue product
◦ total revenue; total cost
◦ total cost; total revenue

Question 2

In ________, changes in technology affect the marginal revenue product of a unit of labor input. In ________, changes in technology affect the marginal cost of a unit of output.


◦ the product market; the labor market
◦ output markets; input markets
◦ the labor market; the product market
◦ all markets; all markets
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Hungry! on Apr 19, 2019

jsm54321

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Reply #1 on: Apr 19, 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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Hungry!

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Reply 2 on: Apr 19, 2019
Excellent

raili21

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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