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    Principles of Microeconomics Study Set 10
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    Exam 18: The Markets for the Factors of Production
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    An Increase in the Value of the Marginal Product of Labor
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An Increase in the Value of the Marginal Product of Labor

Question 221

Question 221

Multiple Choice

An increase in the value of the marginal product of labor has the effect of increasing the


A) demand for labor.
B) wage.
C) quantity of labor employed.
D) All of the above are correct.

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