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anhsu anhsu
wrote...
Posts: 498
5 years 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.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 82 times
1 Reply

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Replies
wrote...
5 years ago
hires additional workers.
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