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Home Q & A Board Other Fields Homework Help Business Economics
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Vvv Vvv
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5 years ago
Other things held constant, after some point hiring additional units of labor will cause the marginal physical product of labor to decline because
A) the firm is a price taker.
B) the wage rate increases when additional workers are hired.
C) of the law of diminishing marginal product.
D) the supply of labor is perfectly elastic.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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hiitsskyhiitssky
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5 years ago
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Vvv Author
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#2
5 years ago
Tremendous help, I just double-checked it with my friend Smiling Face with Open Mouth
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