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Title: The firm's gain in profit from hiring another worker is Post by: meikunn2565 on Oct 10, 2019 Question 1. A firm's primary interest when it hires an additional worker is ▸ the cost of hiring the additional worker. ▸ whether or not the new worker gets along with the firm's existing workers. ▸ how the average output of the firm will be affected by this new worker. ▸ the extra revenue the firm realizes from hiring that worker. Question 2. The firm's gain in profit from hiring another worker is ▸ the reduction in costs from hiring another worker. ▸ the marginal revenue product of the extra worker. ▸ the difference between marginal revenue product and the wage of the worker. ▸ the extra output of the extra worker. Title: The firm's gain in profit from hiring another worker is Post by: emnevius on Oct 10, 2019 Content hidden
Title: The firm's gain in profit from hiring another worker is Post by: meikunn2565 on Oct 10, 2019 Thanks
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