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    labor costs increases

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    8C only: Suppose labor costs increase in Factory 1 but not in Factory 2. How should the firm adjust the following(i.e., raise, lower, or leave unchanged): Output in Factory 1? Output in Factory 2? Total output? Price?

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    https://brainmass.com/economics/labour-economics/labor-costs-increases-69968

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    Suppose labor costs increase in Factory 1 but not in Factory 2. How should the firm adjust the following(i.e., raise, lower, or leave unchanged): Output in Factory 1? Output in Factory 2? Total output? Price

    An increase in ...

    Solution Summary

    Depict labor costs increases.

    $2.19