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Both market demand for labor and individual firm demand curve for labor are downward sloping because None of these answers are correct statements the output
Both market demand for labor and individual firm demand curve for labor are downward sloping because None of these answers are correct statements the output price is increasing The value of MP of labor increase as more output is produced The law of diminishing marginal productivity of labor as more labor input is hired in the same plant size, ceteris paribus
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