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Peregrinus Peregrinus
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Posts: 266
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6 years ago
When the price of capital increases, a firm will
A) employ more labor because labor has become relatively cheaper.
B) employ less labor due to the increase in costs.
C) employ the same amount of labor.
D) employ more, less, or the same amount of labor.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
Read 67 times
1 Reply
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Answer verified by a subject expert
ShadiasShadias
wrote...
Top Poster
Posts: 608
6 years ago
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Peregrinus Author
wrote...

6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

Yesterday
Thanks for your help!!
wrote...

2 hours ago
Smart ... Thanks!
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