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The short-run demand curve for labour slopes downward because: a. As employment increase, marginal product of labour fal
Posted: Wed Jul 06, 2022 6:33 pm
by answerhappygod
- The Short Run Demand Curve For Labour Slopes Downward Because A As Employment Increase Marginal Product Of Labour Fal 1 (21.39 KiB) Viewed 32 times
The short-run demand curve for labour slopes downward because: a. As employment increase, marginal product of labour falls because there are fewer units of the fixed input to work with. Ob. Substitution effect dominates the scale effect. Oc. As employment increases, marginal product of labour falls because firms need to employ workers of lower quality. O d. Total cost of labour increases.