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ice5192 ice5192
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6 years ago
When drawn against the current real wage, the labour demand curve is
A) upward sloping because the marginal product of labour rises with the quantity of labour employed.
B) upward sloping because the marginal product of labour declines with the quantity of labour employed.
C) downward sloping because the marginal product of labour rises with the quantity of labour employed.
D) downward sloping because the marginal product of labour declines with the quantity of labour employed.
E) downward sloping because the marginal product of labour is constant.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
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karmarkarmar
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6 years ago
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ice5192 Author
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5 years ago
Yes, correct
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