A firm uses two inputs L and K, with prices w and r. If r goes up,

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A firm uses two inputs L and K, with prices w and r. If r goes up, then because the firm's costs have increased, labor demand will fall. is it true or false ? why?

Posted Date: Jul 07, 2024 12:35 PM

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A firm uses two inputs L and K, with prices w and r. If r goes up,

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