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    Macroeconomics Study Set 2
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    Exam 4: Consumer and Firm Behavior: The Work-Leisure Decision and Profit Maximization
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    If the Firm Hires More Labor,everything Else Held Constant,then
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If the Firm Hires More Labor,everything Else Held Constant,then

Question 68

Question 68

Multiple Choice

If the firm hires more labor,everything else held constant,then


A) the marginal product of labor falls.
B) output decreases.
C) there is an increase in the marginal product of labor.
D) total factor productivity falls.

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