Multiple Choice
If Tie-Dyed T-Shirts is currently employing labor so that the wage is greater than the marginal revenue product of labor, it must also be true that
A) total revenues would be less than total costs.
B) the wage is less than marginal cost.
C) the price of the product must be less than marginal cost.
D) the price of the product must be greater than marginal cost.
Correct Answer:

Verified
Correct Answer:
Verified
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