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The Value of the Marginal Product of Labor for a Firm

Question 137

Multiple Choice

The value of the marginal product of labor for a firm is the ________.


A) firm's product price multiplied by the marginal product of labor
B) wage facing the firm multiplied by the marginal product of labor
C) firm's average total cost multiplied by the marginal product of labor
D) firm's product price multiplied by its marginal revenue

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