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Other Fields Homework Help Economics Topic started by: Tidy on Jun 21, 2015



Title: As a firm hires more labor in the short run, the
Post by: Tidy on Jun 21, 2015
As a firm hires more labor in the short run, the
A) level of total product stays constant.
B) output per worker rises.
C) extra output of another worker may rise at first, but eventually must fall.
D) costs of production are increasing at a fixed rate per unit of output.


Title: Re: As a firm hires more labor in the short run, the
Post by: Smoooth on Jul 28, 2015
Content hidden


Title: Re: As a firm hires more labor in the short run, the
Post by: Smoooth on Aug 31, 2015
Don't mention it :-]