If a firm is able to produce ________ output even after reducing its labor workforce, this implies that the firm has excess labor.

Name: If a firm is able to produce ________ output even after reducing its labor workforce, this implies that the firm has excess labor.
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Question

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If a firm can produce the same amount of output even after reducing its labor workforce, it implies that the firm had excess labor, as the reduction in labor did not affect the output level.

If a Firm Is Able to Produce ________ Output Even