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Now determine the firms demand curve for labor, assuming that it is selling in an I'm perfectly competitive market and that, although it can sell
Now determine the firms demand curve for labor, assuming that it is selling in an I'm perfectly competitive market and that, although it can sell to 17 units at $2.20 per unit, it must lower product price by 5 cents in order to sell the marginal product of each successive labor unit. Compare the demand curve with the one derived in a competitive market which curve is more last
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