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The marginal product of labor ( measured in units of output ) for Expando Corp. is given by M P L = A ( 4
The marginal product of labor measured in units of output for Expando Corp. is given by M P L A L where A measures productivity and L is the number of labor hours used in production. Suppose the price of output is $ per unit and A What will be the demand for labor if the nominal wage is $
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