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    Principles of Microeconomics
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    Exam 15: Wage Rates in Competitive Labor Markets
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    Marginal Labor Cost Is Measured by
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Marginal Labor Cost Is Measured by

Question 65

Question 65

Multiple Choice

Marginal labor cost is measured by


A) MR × price
B) MR × MC
C) change in TR / change in MPP
D) change in TC / change in labor hired
E) change in TC / change in MPP

Correct Answer:

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