Multiple Choice
Use the following to answer questions:
Figure: The Demand for Bricklayers
-(Figure: The Demand for Bricklayers) Look at the figure The Demand for Bricklayers. The equilibrium market wage for bricklayers is $100. For a profit-maximizing firm at the equilibrium level of output, the VMPLbricklayers:
A) is $200.
B) is equal to the market wage rate.
C) is irrelevant, since the firm is a price taker.
D) cannot be determined from the information provided.
Correct Answer:

Verified
Correct Answer:
Verified
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