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Question 1 4 ( 1 point ) In the standard model of labor supply and demand, what happens to MPL as more workers are hired?
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In the standard model of labor supply and demand, what happens to MPL as more workers are hired?
It decreases, because it is hard to find additional, good workers.
It decreases, because the capital that labor uses is limited in the short run It increases, because more workers increase productivity ie they can take breaks
It increases, as supply usually does.
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