The marginal benefit of a worker to a firm is the value of the extra output that results when
A) some workers are laid off and the remaining workers become more productive.
B) an additional worker is hired.
C) workers get paid for working overtime.
D) work is outsourced to a foreign country.
Correct Answer:
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Q24: A wage rate that is adjusted for
Q25: In equilibrium, the quantity of labor demanded
Q26: As more efficient capital equipment becomes available,
Q27: If a firm decreases its capital stock,
Q28: As the result of a decrease in
Q30: Firms consider the _ wage when considering
Q31: If a firm increases its capital stock,
Q32: An increase in a firm's capital stock
Q33: As firms reduce their stock of capital,
Q34: If the supply of labor _, real
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