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The Value of the Marginal Product of Labour

Question 6

Multiple Choice

The value of the marginal product of labour


A) declines only if each worker is paid more than the previous worker.
B) always increases as more labour is hired.
C) at some point declines as more workers are hired.
D) at first decreases and then increases as more workers are hired.
E) is constant as long as each worker is paid the same wage rate.

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