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In ________, Changes in Technology Affect the Marginal Revenue Product

Question 13

Multiple Choice

In ________, changes in technology affect the marginal revenue product of a unit of labor input. In ________, changes in technology affect the marginal cost of a unit of output.


A) the product market; the labor market
B) output markets; input markets
C) the labor market; the product market
D) all markets; all markets

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