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Which of the following events may shift the marginal revenue product of labor curve leftward? Check all that apply. A- An increase in the wage
Which of the following events may shift the marginal revenue product of labor curve leftward? Check all that apply.
A- An increase in the wage rate
B- An increase in the marginal physical product of labor
C- A decrease in the output price
D- Bad weather that causes a decrease in supply and a rise in price for one of the inputs used to make the good
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Please explain your answers. Thanks.
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