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Ryanteck Ryanteck
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Posts: 559
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7 years ago
The marginal revenue product
A) is the product of the marginal product of labor and the price of the output.
B) eventually increases as labor input increases.
C) measures the benefit to the firm from hiring an additional unit of labor.
D) Both A and C are correct.
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goldlilysgoldlilys
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7 years ago
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