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-The Rule for Employing a Profit-Maximising Amount of Labour Is

Question 16

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-The rule for employing a profit-maximising amount of labour is to continue to hire additional workers until the additional worker's value of marginal product is A) equal to the price of the product. B) less than the price of the product. C) greater than 1. D) equal to the wage rate. E) less than the wage rate.
-The rule for employing a profit-maximising amount of labour is to continue to hire additional workers until the additional worker's value of marginal product is


A) equal to the price of the product.
B) less than the price of the product.
C) greater than 1.
D) equal to the wage rate.
E) less than the wage rate.

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