Multiple Choice
If the additional revenue from hiring an additional worker equals the additional costs from hiring the extra worker, then we know that
A) MFC =
.
B) MFC/
= wage.
C) MFC/
= 1.
D)
/P = MFC.
Correct Answer:
Verified
Related Questions
Q67: Q72: Q76: Q81: If MFC > Q84: Q85: The marginal factor cost is the Q87: Ajax has just discovered that the marginal Q87: The demand curve for labor is the Q89: The demand curve for labor slopes down Q100: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
![]()
![]()
![]()
![]()
A) additional
A)![]()