A firm's demand for labor is downward sloping because of

A) diminishing marginal productivity of labor.
B) diminishing marginal utility.
C) price pressure.
D) workers' increased willingness to work at a higher wage.

A

Economics

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If K-12 education is determined to be an inframarginal positive externality, this means that K-12 education is being underproduced

a. True b. False

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