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why does an employer's labor demand curve slope downward? substitution rule diminishing marginal product diminishing product demand marginal cost adjustment
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14 votes
14 votes
why does an employer's labor demand curve slope downward? substitution rule diminishing marginal product diminishing product demand marginal cost adjustment

User Pleshette
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12 votes
12 votes

Answer:

Step-by-step explanation:

The labor demand curve slopes downward because of the law of diminishing returns.

Hope it helps! ヽ(ヅ)ノ

User Lord Bo
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