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    Exam 17: The Labor Market and the Distribution of Income
  5. Question
    What Does a Firm Use to Decide How Much Labor
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What Does a Firm Use to Decide How Much Labor

Question 29

Question 29

Multiple Choice

What does a firm use to decide how much labor to hire at a particular wage?


A) marginal cost
B) price of output
C) marginal revenue product of labor
D) marginal product of labor

Correct Answer:

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