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Ryanteck Ryanteck
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6 years ago
Assume that Creative Ceramics can vary both capital and labor. An increase in the amount of capital will
A) cause the firm to move down along the marginal revenue product of labor curve and hire more labor.
B) cause the marginal revenue product of labor curve to be more inelastic.
C) have no impact on the productivity of labor.
D) shift the marginal revenue product of labor curve out to the right.
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DeToXiFYDeToXiFY
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6 years ago
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Ryanteck Author
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6 years ago
Thanks for your help!!
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Smart ... Thanks!
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This site is awesome
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