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In the short run,which one of the following causes a competitive firm to hire more labor?
Tax
Tax is a mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.
Software Package
A bundle of software components or programs that are designed to work together to perform a specific function or set of functions.
Cost Plus Pricing
A pricing strategy where the selling price of a product is determined by adding a specific markup to its production cost.
Monopoly
A market condition where a single company or entity has exclusive control over a particular good or service, limiting competition.
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