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Author Question: The figure above shows a firm's VMP curve. Suppose that the price of the product doubles and the ... (Read 43 times)

shofmannx20

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on: May 24, 2019


The figure above shows a firm's VMP curve.


Suppose that the price of the product doubles and the marginal product of the workers does not change. As a result, the value of marginal product of the second worker
◦ remains $12..
◦ becomes $6.
◦ becomes $24.
◦ becomes $30.
◦ More information about the supply of labor is needed to answer the question.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by shofmannx20 on May 24, 2019

yahahah24021

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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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shofmannx20

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

adf223

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Reply 3 on: Yesterday
Excellent

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