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Olivia foy Olivia foy
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5 years ago
The labor demand curve slopes downward because
A) the firm maximizes profits by hiring more labor when the real wage rate rises.
B) workers supply more hours of work when the real wage rate rises.
C) the firm maximizes profits by hiring more labor when the real wage rate falls.
D) workers supply fewer hours of work when the real wage rate rises.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
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stfajarstfajar
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5 years ago
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