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Question 108

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Use the following to answer question:
Figure: The Value of the Marginal Product Curve Use the following to answer question: Figure: The Value of the Marginal Product Curve   -(Figure: The Value of the Marginal Product Curve) Use Figure: The Value of the Marginal Product Curve.In the figure,the VMPL curve will shift to the right if: A) the wage rate increases. B) a technological advance makes labor more productive. C) the price of the good that the labor produces decreases. D) the wage rate decreases.
-(Figure: The Value of the Marginal Product Curve) Use Figure: The Value of the Marginal Product Curve.In the figure,the VMPL curve will shift to the right if:


A) the wage rate increases.
B) a technological advance makes labor more productive.
C) the price of the good that the labor produces decreases.
D) the wage rate decreases.

Correct Answer:

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