Figure 4.4: Labor Market 
-In Figure 4.4, MPL represents the labor ________,
represents the labor ________, and the intersection of the two yields the ________.
A) supply; demand; equilibrium wage
B) demand; supply; equilibrium wage
C) supply; demand; equilibrium rental rate of capital
D) demand; supply; amount of capital hired
E) None of these answers is correct.
Correct Answer:
Verified
Q46: The marginal product of the labor curve
Q47: Suppose the payments to capital and labor
Q48: In the Cobb-Douglas production function 
Q49: With a Cobb-Douglas production function 
Q50: If MPK
Q52: Accounting profit is _ and is equal
Q53: Figure 4.3: The Production Function
Q54: In the Cobb-Douglas production function
Q55: In models with perfect competition:
A) economic profits
Q56: If MPL
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