Question
In the labor market, the fact the teams consider the revenue generated hiring (signing) excellent players is reflected by the _____ that is also the
In the labor market, the fact the teams consider the revenue generated hiring (signing) excellent players is reflected by the _____ that is also the labor demand curve.
a. downward-sloping marginal revenue product curve.
b. upward-sloping marginal revenue product curve.
c. monopsony labor curve.
d. downward-sloping marginal factor cost curve.
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Macroeconomics Principles Applications and Tools
Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez
9th edition
978-0134089027, 134089022, 978-0134420684
