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The idea behind the effective labor demand curve is that Part 2 A. the marginal product of labor is not equal to the nominal wage.
The idea behind the effective labor demand curve is that Part 2 A. the marginal product of labor is not equal to the nominal wage. B. demand is more effective than supply. C. firms are willing to meet the demand for their output at a specific price. D. the marginal product of labor is not equal to the real wage
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Managerial economics
Authors: william f. samuelson stephen g. marks
7th edition
9781118214183, 1118041585, 1118214188, 978-1118041581
