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wrote...
Posts: 173
2 months ago
If the marginal revenue product of the last worker hired exceeds the marginal factor cost of the worker, the firm would be better served if it

• maintains its current level of workers already hired.

• lays off the last worker hired.

• hires additional workers.

• None of the above is a good option for a profit-seeking firm.
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Economics Today: The Micro View
Edition: 19th
Author:
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wrote...
2 months ago
hires additional workers.
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