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The Figure Above Shows a Firm's VMP Curve

Question 143

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The figure above shows a firm's VMP curve. -Suppose that a new technology doubles the marginal product of the workers and the price of the product does not change.As a result,the value of marginal product of the second worker A) remains $12. B) becomes $6. C) becomes $24. D) becomes $30. E) More information about the supply of labor is needed to answer the question.
The figure above shows a firm's VMP curve.
-Suppose that a new technology doubles the marginal product of the workers and the price of the product does not change.As a result,the value of marginal product of the second worker


A) remains $12.
B) becomes $6.
C) becomes $24.
D) becomes $30.
E) More information about the supply of labor is needed to answer the question.

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