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Other Fields Homework Help Economics Topic started by: ice5192 on Dec 10, 2017



Title: When drawn against the current real wage, the labour demand curve is
Post by: ice5192 on Dec 10, 2017
When drawn against the current real wage, the labour demand curve is
A) upward sloping because the marginal product of labour rises with the quantity of labour employed.
B) upward sloping because the marginal product of labour declines with the quantity of labour employed.
C) downward sloping because the marginal product of labour rises with the quantity of labour employed.
D) downward sloping because the marginal product of labour declines with the quantity of labour employed.
E) downward sloping because the marginal product of labour is constant.


Title: Re: When drawn against the current real wage, the labour demand curve is
Post by: karmar on Dec 10, 2017
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Title: Re: When drawn against the current real wage, the labour demand curve is
Post by: ice5192 on May 21, 2018
Yes, correct