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    Exam 15: Wage Rates in Competitive Labor Markets
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    A New Technology That Increases Labor Productivity Will Shift the
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A New Technology That Increases Labor Productivity Will Shift the

Question 155

Question 155

Multiple Choice

A new technology that increases labor productivity will shift the


A) demand curve for labor to the left
B) MLC curve to the left
C) MPP curve upward
D) MLC curve to the right
E) demand for the good to the right

Correct Answer:

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