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Edexcel economics: do we need to learn about MRP in labour markets? watch

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    there's a whole section in the Labour markets chapter dedicated to marginal revenue productivity etc but its not mentioned at all in the specification

    is it still crucial to learn?

    many thanks xx
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    bump, anyone?
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    (Original post by Demesne7)
    there's a whole section in the Labour markets chapter dedicated to marginal revenue productivity etc but its not mentioned at all in the specification

    is it still crucial to learn?

    many thanks xx
    A question on it or it’s diagram would not come up in the exam but it’s helpful in understanding the labour market eg derived demand for labour
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