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.Management Sciences
A. encourage the use of more capital in the long run, reduce demand for all inputs
B. encourage the use of more capital increase demand for all inputs
C. encourage the use of less capital reduce demand for all inputs
D. encourage the use of less capital, reduce demand for all inputs
Related Mcqs:
- The downward sloping marginal physical product of labor is the firm’s ?
- A. Supply of labor B. Short-run demand curve for labor C. marginal cost of labour marginal revenue product of labor...
- The participation rate in the labour force is affected by ?
- A. higher real wages B. lower fixed costs of working C. lower non-labour income D. changes in tastes between leisure and work E. all of the above...
- Involuntary unemployment exists if workers ?
- A. will not work at the offered wage B. would work at the going wage but can’t find jobs C. will not work because the hours are anti-social D. Are not prepared to move house to get the job...
- Skilled labor is relatively scarce because ?
- A. there are too few teachers B. too few student places in higher education C. it is costly to acquire human capital D. teachers’ salaries are too low...
- Top footballers tend to earn more than lecturers because ?
- A. footballers give more entertainment B. lecturers are lazy C. the labor markets are imperfect D. top footballers are relatively scarce in relation to lecturers...
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