Marginal physical product increases as more workers are hired.
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Q121: Ceteris paribus,a firm will hire more workers
Q122: At the intersection of labor demand and
Q123: If labor productivity increases,wages can rise without
Q124: The MRP curve is the labor supply
Q125: Since people are paid wages to work,the
Q127: The law of diminishing returns indicates that
Q128: The demand for labor depends on worker
Q129: An increase in the wage rate will
Q130: One of the determinants of the market
Q131: At higher wage rates,less labor is supplied.
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