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Susie owns a company that makes socks and she hires workers in a competitive labor market. The fabric required to make each pair of socks
Susie owns a company that makes socks and she hires workers in a competitive labor market. The fabric required to make each pair of socks costs $1. The company's hourly output of socks varies with the number of workers hired, as shown below: image.png Which of the Economic Laws does this table satisfy? Group of answer choices Law of demand Law of supply Law of diminishing utility Law of diminishing marginal product
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