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    Macroeconomics Study Set 67
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    Exam 4: Consumer and Firm Behavior: the Workleisure Decision and Profit Maximization
  5. Question
    The Profit-Maximizing Quantity of Labour Equates the Marginal Product of Labour
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The Profit-Maximizing Quantity of Labour Equates the Marginal Product of Labour

Question 58

Question 58

Multiple Choice

The profit-maximizing quantity of labour equates the marginal product of labour with


A) the average product of labour.
B) total factor productivity.
C) the slope of the production function.
D) the marginal product of capital.
E) the real wage.

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