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  3. Study Set
    Microeconomics Theory with Applications
  4. Exam
    Exam 11: Input Markets and the Allocation of Resources
  5. Question
    A Firm Will Not Employ an Input If Its Wage
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A Firm Will Not Employ an Input If Its Wage

Question 12

Question 12

Multiple Choice

A firm will not employ an input if its wage is greater than its maximum:


A) Average Revenue Product.
B) Average Product.
C) Marginal Revenue Product.
D) Marginal Product.

Correct Answer:

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