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The Pat Summerall School of Diction Is Employing Teachers Such

Question 170

Multiple Choice

The Pat Summerall School of Diction is employing teachers such that the marginal revenue product of teachers exceeds the wage rate.The school will


A) reduce its demand for teachers
B) lay off teachers
C) be losing money from those teachers employed
D) hire more teachers
E) increase the price of diction classes

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