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Which of the following are reasons for the marginal revenue product of a monopoly firm to fall as it hires more workers? (Select all that
Which of the following are reasons for the marginal revenue product of a monopoly firm to fall as it hires more workers? (Select all that apply.) Multiple select question. Falling product price Rising value of marginal product of labor Falling marginal product of labor The labor demand being more elastic Marginal revenue exceeding marginal cost
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