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26 October, 05:41

Consider the labor market for computer programmers. During the late 1990s, the value of the marginal product of all computer programmers increased dramatically. Holding all else equal, what effect did this process have on the labor market for computer programmers? The equilibrium wage

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  1. 26 October, 09:04
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    increased

    Explanation:

    The correct answer is that the equilibrium wage increased as the equilibrium quantity of labor increased.
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