Do any of the following contradict the theory that the demand for labour equals the marginal revenue
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Do any of the following contradict the theory that the demand for labour equals the marginal revenue product: wage scales related to length of service (incremental scales), nationally negotiated wage rates, discrimination, firms taking the lead from other firms in determining this year’s pay increase?
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Even if marginal productivity theory were not relevant in these cases the theory would still be accu...View the full answer
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Jonas Araujo
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Related Book For 
Essential Economics For Business
ISBN: 9781292728940
7th Edition
Authors: John Sloman, Elizabeth Jones
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