How can one reconcile the rule that states "Hire labor until MRP = W" with the rule that states "Produce output such that MC=P"?

Name: How can one reconcile the rule that states "Hire labor until MRP = W" with the rule that states "Produce output such that MC=P"?
Brand: Quizplus
Rating: 4.8 (46 reviews)

Question

Quizplus · Accepted Answer

The Answer of How can one reconcile the rule that states "Hire labor until MRP = W" with the rule that states "Produce output such that MC=P"?

How Can One Reconcile the Rule That States "Hire Labor