Solved

Employers Should Hire More Workers When the Marginal Revenue Product

Question 24

Multiple Choice

Employers should hire more workers when the marginal revenue product is greater than (or equal to) the wage. This rule is known as the


A) Marginal Hiring Rule.
B) Labor Demand Rule.
C) Labor Maximization Guide.
D) Rational Rule for Employers.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents