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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 29
If the wage rate is higher than the MRP of the last worker hired, ____________.
A) the firm might be able to profitably hire at least one more worker
B) the firm has already hired too many workers
C) there is no way of knowing whether the firm has too few or too many workers
A) the firm might be able to profitably hire at least one more worker
B) the firm has already hired too many workers
C) there is no way of knowing whether the firm has too few or too many workers
Explanation
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Verified
If the MRP of the resource is more than ...
Microeconomics 9th Edition by Stephen Slavin
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