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smitch6 smitch6
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6 years ago
The firm will hire current labour until
A) profits are maximized.
B) total factor productivity is maximized.
C) the marginal product of labour equals total employment.
D) the marginal product of labour equals the wage rate.
E) the marginal product of labour is less than the real interest rate.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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karmarkarmar
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6 years ago
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