6. What's Wrong with this Way of Thinking? The downward-sloping marginal revenue product curve of labor shows

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6. What's Wrong with this Way of Thinking?

"The downward-sloping marginal revenue product curve of labor shows that better workers are hired first. The workers hired later are less productive."

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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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