The best number of workers for any employer to hire is that quantity in which:

Question

Quizplus · Accepted Answer

The best quantity of workers for an employer to hire is at the point where the marginal revenue product (the additional revenue gained from one more worker) is equal to the marginal factor cost (the additional cost of employing one more worker). At this point, the employer is maximizing profits and any deviation from this point will result in a decrease in profits. Therefore, the best choice is A.

The Best Number of Workers for Any Employer to Hire