Concept
Version 7
Created by Boundless
Deriving the Labor Demand Curve
![Marginal Product of Labor](../../../../../../../../../figures.boundless-cdn.com/20317/full/fator.jpeg)
Marginal Product of Labor
The MPL falls as the amount of labor employed increases. The optimum demand for labor falls where the real wage rate (w/P) is equal to the MPL.
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