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- [Instructor] We are now going to continue our study of labor markets, and in this video, were going to focus on the demand curve for labor. So lets imagine that were talking about a market for people who work in the pant making industry, so each of these firms right over here, they produce pants, lets say they produce bell bottoms. This is my quick drawing of bell bottoms, these are someones pants right over here, they flare out at the bottom, and lets say for some strange reason, bell bottoms all of a sudden go back in style. So bell bottoms are going back in style. The first is, at least in the short run, is able to get more per unit for its bell bottoms, so its marginal revenue goes up, and if its marginal revenue goes up, its marginal revenue product is going to go up, and so we would have a shift to the right of the marginal revenue product curve, or you could even do that as a shift up. For a given quantity of labor, youre going to have a higher marginal revenue product,