Question: Explain how the following events would affect the demand for labor. a. A new education program administered by the company.r increases labor's marginal product. The

Explain how the following events would affect the demand for labor. a. A new education program administered by the company.r increases labor's marginal product. The demand for labor would l:l. b. The rm completes a new _ Ind new machinery.r that workers can utilize and that does not substitute for the functions provided by workers' labor. The demand for laborwould . Increase remain unchanged decrease

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