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Question
When manufacturing a car, parts must be soldered together. This work can be done by labor or by a robot (capital). More robots will be hired when the price of labor increases. This is known as
A) the effect of changing labor productivity.
B) marginal revenue product.
C) the complementary effect.
D) the substitution effect.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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