Multiple Choice
At the profit-maximising amount of labour, the wage equals which of the following? (i) price × the marginal product of labour
(ii) the value of the marginal product of labour
(iii) marginal cost
A) (i) and (ii)
B) (ii) and (iii)
C) (i) only
D) (iii) only
Correct Answer:
Verified
Related Questions