Suppose that the marginal revenue product of the eighth worker hired is $12 an hour and the wage rate is $10 an hour.We can say that

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The marginal revenue product (MRP) represents the additional revenue generated by employing one more unit of a factor, in this case, labor. If the MRP ($12) of the eighth worker is higher than the wage rate ($10), it indicates that hiring the eighth worker adds more to revenue than it costs in wages. Therefore, it suggests that not enough labor is being hired, as additional workers could potentially generate more revenue than their cost.

Suppose That the Marginal Revenue Product of the Eighth Worker