Use the Following to Answer Questions

question 243

Multiple Choice

Use the following to answer questions :
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,if the market wage rate increases,then the:

• A) VMPL curve will shift to the right.
• B) profit-maximizing quantity of labour will increase.
• C) VMPL curve will shift to the left.
• D) profit-maximizing quantity of labour will decrease.

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