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Question 30

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Use the following to answer question -If hiring the 4th worker increases total product by 50 units and the price of each unit is $15,​ A) ​the firm should not hire the 4th worker as MR<MC B) marginal revenue equals $150 C) the firm should hire the 4th worker as MR>MC D) ​the firm should not hire the 4th worker as MR<TC
-If hiring the 4th worker increases total product by 50 units and the price of each unit is $15,​


A) ​the firm should not hire the 4th worker as MR<MC
B) marginal revenue equals $150
C) the firm should hire the 4th worker as MR>MC
D) ​the firm should not hire the 4th worker as MR<TC

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