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The following table provides information about production at the Sony-TV Company. Value of Marginal Number of Workers TVs Produced Marginal Product Product 0 35 2

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The following table provides information about production at the Sony-TV Company. Value of Marginal Number of Workers TVs Produced Marginal Product Product 0 35 2 69 3 100 4 130 5 155 Suppose the TV price is $1,000 each one. A. Please find the labor demand curve of Sony. (10%) B. Suppose the TV price is increasing to $1,200 each one please redraw the labor demand curve.(5%)

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