Firms derive the demand for labor by determining the value of marginal product of labor, and it is based directly on market demand for the end product.

True

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False

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Solution

The correct option is A
True

True. Firms derive the demand for labor by determining the value of marginal product of labor, and it is based directly on market demand for the end product.

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Firms derive the demand for labor by determining the value of marginal product of labor, and it is based directly on market demand for the end product.

The correct option is A True True. Firms derive the demand for labor by determining the value of marginal product of labor, and it is based directly on market demand for the end product.

The correct option is A
True

True. Firms derive the demand for labor by determining the value of marginal product of labor, and it is based directly on market demand for the end product.