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    Suppose There Is Diminishing, but Not Negative, Marginal Utility and No
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Suppose There Is Diminishing, but Not Negative, Marginal Utility and No

Question 81

Question 81

True/False

Suppose there is diminishing, but not negative, marginal utility and no inflation. If the price of labor goes up, a worker will supply more labor. (Hint: The worker measures his marginal costs in terms of hours worked.)

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