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1.why the Marginal Revenue Product of the Labour curve for a firm that competes for labor in the factor market is also the firm's demand

1.why the Marginal Revenue Product of the Labour curve for a firm that competes for labor in the factor market is also the firm's demand curve for labor?

2.how firms use the implement the "least-cost" principle to determine the quantities of labor and capital that they will employ?

3.why does the wealthy segment of society have a natural advantage in swaying public policy?

4.Outline and elaborate upon any one of the policies that Oxfam suggests the global community could work towards to improve inequality.

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