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whipped whipped
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7 years ago
Given that the market wage rate is $50 and both the labor and the goods market are perfectly competitive, a profit-maximizing firm should hire an additional worker if:
A) the marginal product of the worker is 50 units.
B) the value of marginal product of the worker is at least $50.
C) the marginal product of the worker is less than 50 units.
D) the value of marginal product of the worker is less than $50.
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Microeconomics

Microeconomics


Edition: 1st
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losteinlostein
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Brilliant ツ
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