A technological change would cause a shift of the demand curve for inputs.
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Q178: The return to a factor that is
Q179: The price of a good will be
Q180: ʺDemand determinedʺ means that price is set
Q181: An increase in labor productivity would cause
Q182: An increase in labor productivity would cause
Q184: In general, the production and use of
Q185: Shifts in factor demand result from changes
Q186: A firm is currently hiring capital and
Q187: The demand for land is upward sloping.
Q188: For a firm to maximize profits, the
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