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If the Firm Pays the Following Wages, the Marginal Revenue

Question 3

Multiple Choice

If the firm pays the following wages, the marginal revenue product (MRP) of workers goes up as shown. What is the optimal efficient wage for the firm (assume it can only pay discrete dollar amounts) ? If the firm pays the following wages, the marginal revenue product (MRP) of workers goes up as shown. What is the optimal efficient wage for the firm (assume it can only pay discrete dollar amounts) ? A) $7 B) $8 C) $9 D) $10


A) $7
B) $8
C) $9
D) $10

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