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Phydeaux Phydeaux
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6 years ago
To maximize profits, a skateboard business hires labour as long as the
A) wage rate is greater than the price of a skateboard.
B) wage rate is greater than the marginal product of labour.
C) marginal revenue product of labour is greater than the wage rate.
D) marginal revenue product of labour is greater than the price of a skateboard.
E) price of a skateboard is greater than the wage rate.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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holymanholyman
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6 years ago
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3 years ago
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