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Business, 16.03.2020 22:53 emmajobaby

A profit maximizing firm that has labor as the only variable factor of production has a demand curve that is

a. equal to the marginal product of labor
b. equal to the marginal revenue product of labor
c. equal to the average product of labor
d. equal to the marginal cost of production

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Answers: 1

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A profit maximizing firm that has labor as the only variable factor of production has a demand curve...
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