If a firm hires workers up to the point where the value of their marginal product equals their wage,then the firm is

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A firm's profit is maximized when it hires workers up to the point where the value of their marginal product equals their wage. This is because at this point, the additional revenue generated by the worker's output (marginal product) is equal to the additional cost of hiring the worker (wage). Any additional worker hired beyond this point would have a marginal product that is less than the wage paid, causing the firm's profit to decrease. Therefore, maximizing profit is the best choice.

If a Firm Hires Workers Up to the Point Where