When a firm hires labour up to the point where the wage is equal to the value of the marginal product of labour,what is it doing

Question

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Hiring labour up to the point where the wage is equal to the value of the marginal product of labour is a profit-maximizing strategy for the firm. This is because at this point, the firm is paying each worker exactly what their labour is contributing to the production process, and any additional workers hired would cost more than the value they add to the production process. Thus, this strategy allows the firm to hire the optimal number of workers and maximize profits.

When a Firm Hires Labour Up to the Point Where