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For the Profit-Maximizing,competitive Firm,what Do We Know About the Value-Of-Marginal-Product

Question 54

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For the profit-maximizing,competitive firm,what do we know about the value-of-marginal-product curve

For the profit-maximizing,competitive firm,what do we know about the value-of-marginal-product curve


A) It is continually rising.
B) It is falling only when marginal product is rising.
C) It is the same as the labour supply curve.
D) It is the same as the labour demand curve.

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