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Other Fields Homework Help Economics Topic started by: trixr4kids on Dec 27, 2022



Title: The value of a worker's marginal product ________.
Post by: trixr4kids on Dec 27, 2022
The value of a worker's marginal product ________.

▸ is the additional revenue that the worker brings in to a firm

▸ is always equal to the maximum price at which the product produced by the worker can be sold in a market

▸ equals the average product of a firm that hires the worker divided by the marginal product of the worker

▸ is the increment in the total cost of a firm when the worker is hired


Title: The value of a worker's marginal product ________.
Post by: nemisis on Dec 27, 2022
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