A firm sells staples in a perfectly competitive market and hires workers from a perfectly competitive labor market.Which of the following is true?
A) The supply curve of staples is horizontal.
B) The supply curve of workers is horizontal.
C) The firm's demand curve for labor is horizontal.
D) The firm's marginal cost is decreasing.
E) The marginal product of labor curve is horizontal.
Correct Answer:
Verified
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