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Home Q & A Board Other Fields Homework Help Business Economics
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Tragamin Tragamin
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6 years ago
A profit-maximizing business hires labour in a competitive labour market. If the marginal revenue product of labour is less than the wage rate, the business should
A) increase the wage rate.
B) decrease the wage rate.
C) increase the quantity of labour hired.
D) decrease the quantity of labour hired.
E) decrease the marginal revenue product of labour.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
Read 68 times
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martrekmartrek
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#1
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6 years ago
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Tragamin Author
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6 years ago
Just got PERFECT on my quiz
Mcb
wrote...

Yesterday
Smart ... Thanks!
gefa
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2 hours ago
Helped a lot
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