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johnpaul92 johnpaul92
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Posts: 2600
Rep: 9 0
8 years ago
Suppose the marginal product of labor is
   MPN = 200 - 0.5N
where N is aggregate employment. The aggregate quantity of labor supplied is 300 + 8w, where w is the real wage. What is the equilibrium real wage?
A) 5
B) 10
C) 20
D) 15
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 240 times
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Answer verified by a subject expert
supamansupaman
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Top Poster
Posts: 2219
8 years ago
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johnpaul92 Author
wrote...
8 years ago
Appreciate your help, thank you again
wrote...
8 years ago
Glad to be part of your success Wink Face
wrote...
4 years ago
great job
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