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19 April, 02:11

Assuming labor is a variable input, an increase in labor productivity will result in

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  1. 19 April, 02:31
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    The answer to this question is A downward shift in the MC curve.

    If the labor productivity is increased, it means that the employees are able to produce more effort without additional cost.

    Which means, the total cost of product that arrived for consumers could be significantly lower.
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