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    Exam 13: Production Decisions in the Short and Long Run
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    If a Firm's Labor Input Response to a Decrease in the Wage
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If a Firm's Labor Input Response to a Decrease in the Wage

Question 19

Question 19

True/False

If a firm's labor input response to a decrease in the wage differs between the short and the long run, we know that more workers will be hired after the initial short run adjustment.

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