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Ryanteck Ryanteck
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6 years ago
The marginal revenue product
A) is the product of the marginal product of labor and the price of the output.
B) eventually increases as labor input increases.
C) measures the benefit to the firm from hiring an additional unit of labor.
D) Both A and C are correct.
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goldlilysgoldlilys
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6 years ago
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Ryanteck Author
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6 years ago
Smart ... Thanks!
noodlelicker
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This calls for a celebration Person Raising Both Hands in Celebration
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You make an excellent tutor!
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