A Competitive Firm's Short Run Labor Demand Curve

question 16

Multiple Choice

A competitive firm's short run labor demand curve

• A) is always equal to the firm's long run labor demand curve.
• B) is above the marginal product of labor curve.
• C) is below the marginal product of labor curve.
• D) equals the marginal product of labor curve.
• E) is always half the firm's long run labor demand curve.

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