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-In Figure 4.4,MPL Represents the __________

Question 62

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  -In Figure 4.4,MPL represents the __________,   Represents the __________,and the intersection of the two yields __________. A) labor supply;labor demand;the equilibrium wage B) labor demand;labor supply;the equilibrium wage C) labor supply;labor demand;the equilibrium rental rate of capital D) labor demand;labor supply;the amount of capital hired E) None of the above is correct.
-In Figure 4.4,MPL represents the __________,   -In Figure 4.4,MPL represents the __________,   Represents the __________,and the intersection of the two yields __________. A) labor supply;labor demand;the equilibrium wage B) labor demand;labor supply;the equilibrium wage C) labor supply;labor demand;the equilibrium rental rate of capital D) labor demand;labor supply;the amount of capital hired E) None of the above is correct.
Represents the __________,and the intersection of the two yields __________.


A) labor supply;labor demand;the equilibrium wage
B) labor demand;labor supply;the equilibrium wage
C) labor supply;labor demand;the equilibrium rental rate of capital
D) labor demand;labor supply;the amount of capital hired
E) None of the above is correct.

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