An increase in the price of a firm's output increases the firm's demand for labor because the
A) marginal product of each worker increases.
B) value of marginal product of each worker increases.
C) value of marginal product curve becomes steeper.
D) value of marginal product curve becomes flatter.
Correct Answer:
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Q94: Because the value of marginal product diminishes
Q95: A firm's demand for labor curve
A) is
Q96: A fall in the price of a
Q97: If the price of a firm's output
Q98: Due to a recession, Hostess Bakeries found
Q100: The demand for labor depends on I.
Q101: Q102: New technology Q103: A firm's price rises. As a result, Q104: 
A) definitely increases a firm's demand
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