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A New Pizza Producing Technology Changes One Guy's Marginal Product

Question 17

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A new pizza producing technology changes One Guy's marginal product of labor from A new pizza producing technology changes One Guy's marginal product of labor from If One Guy's can sell all the pizza it produces for $12 and pays each unit of labor $8, what happens to the level of employment due to this technology change? If One Guy's can sell all the pizza it produces for $12 and pays each unit of labor $8, what happens to the level of employment due to this technology change?

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