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    Principles of Microeconomics
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    Exam 18: The Markets for the Factors of Production
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    A Competitive Firm Will Hire Workers Up to the Point
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A Competitive Firm Will Hire Workers Up to the Point

Question 87

Question 87

Multiple Choice

A competitive firm will hire workers up to the point at which the value of the marginal product of labour equals which of the following


A) average total cost
B) average variable cost
C) wage
D) price per unit of output

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