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malry187 malry187
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5 years ago
A profit maximizing monopolist will hire labor up to the point where
A) marginal revenue product equals the price of the product.
B) marginal revenue product is greater than the wage rate.
C) marginal revenue product equals than the wage rate.
D) marginal revenue product is less than the wage rate.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 42 times
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rockintictacorockintictaco
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Posts: 201
5 years ago
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malry187 Author
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5 years ago
White Checkmark
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5 years ago
...I assume it was right Smiling Face with Open Mouth
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