Question:

The demand for labor increases when the:?

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The demand for labor increases when the:

A. real wage increases.

B. real wage decreases.

C. value of the marginal product of labor increases.

D. value of the marginal product of labor decreases.

E. price of the output produced by labor decreases.

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1 ANSWERS


  1. C. value of the marginal product of labor increases.

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