Multiple Choice
Use the following to answer questions:
Figure: The Value of the Marginal Product Curve 
-(Figure: The Value of the Marginal Product Curve) In the figure The Value of the Marginal Product Curve, the VMPL curve will shift to the right if:
A) the wage rate increases.
B) a technological advance makes labor more productive.
C) the price of the good that the labor produces decreases.
D) the wage rate decreases.
Correct Answer:
Verified
Correct Answer:
Verified
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