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4. For each of the determinants of labor demand listed below, tell which direction the labor demand curve will shift: (4 points) a. Marginal physical

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4. For each of the determinants of labor demand listed below, tell which direction the labor demand curve will shift: (4 points) a. Marginal physical product of labor (MPPL) increases. b. The price of the product workers produce increases. C. The rental rate for capital (used along with labor in production) falls. d. Demand for the product workers produce shift to the left. Page 1 of 2

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