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ccanez ccanez
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6 years ago
A monopolist will hire an additional unit of labor as long as
A) the additional cost of the worker is outweighed by the additional revenues made from selling the output of theses workers.
B) the marginal revenue curve is above the demand curve.
C) the marginal revenue product is larger than the marginal factor cost.
D) the marginal revenue product is less than the marginal factor cost.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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jSONjSON
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#1
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6 years ago
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ccanez Author
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6 years ago
Just got PERFECT on my quiz
ofsuahasiufhoas
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Yesterday
Thanks
oscar520000
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2 hours ago
Helped a lot
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