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Examen
Labor Econ Final Exam 2025 Questions and Answers
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---7mayo 20252024/2025A+
- Labor Econ Final Exam 2025 Questions and 
Answers 
If the firm hires to a point where the marginal cost of labor is greater than the marginal revenue 
product of labor, then... - ANS Profits could be increased by reducing employment 
The own-wage elasticity of labor demand measures... - ANS percentage change in quantity of 
labor demanded divided by percentage change in wages. 
If Industry A can substitute capital for labor easily and Industry Z can not, then other things 
equal: - ANS Industry ...
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