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scigeekalic scigeekalic
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A year ago
If a firm hires a worker by paying her a wage lower than the value of the marginal product of the worker, it implies that ________.

▸ the firm should reduce its employee strength to maximize profits

▸ the firm should hire more workers to increase profits

▸ the firm is making an optimum decision

▸ the firm is earning zero economic profit
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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nnennennenne
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A year ago
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Helped a lot
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