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-In Exhibit O-11, When the Marginal Revenue Product Is $1

Question 125

Multiple Choice

-In Exhibit O-11, when the marginal revenue product is $1.50, the firm A) hires more workers B) stops hiring C) hires fewer workers D) pays a wage rate of $1.50 E) pays a wage rate above $1.50
-In Exhibit O-11, when the marginal revenue product is $1.50, the firm


A) hires more workers
B) stops hiring
C) hires fewer workers
D) pays a wage rate of $1.50
E) pays a wage rate above $1.50

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