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    Microeconomics Study Set 51
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    Exam 13: Factor Markets: With Emphasis on the Labor Market
  5. Question
    A Firm That Is Perfectly Competitive Will Continue to Hire
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A Firm That Is Perfectly Competitive Will Continue to Hire

Question 67

Question 67

Multiple Choice

A firm that is perfectly competitive will continue to hire factor units as long as


A) MRP
B) MRP > MFC.
C) VMP
D) MC > MR.

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