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    Exam 18: The Markets for the Factors of Production
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    An Increase in the Supply of Labor Has the Effect
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An Increase in the Supply of Labor Has the Effect

Question 122

Question 122

Multiple Choice

An increase in the supply of labor has the effect of


A) increasing the marginal product of labor.
B) increasing the wage.
C) decreasing the marginal product of labor.
D) decreasing the wage.

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