In a Hiring Situation, Considering That Other Potential Costs Will

Multiple Choice

In a hiring situation, considering that other potential costs will not change in the short run, the level of demand that maximizes profits is that level at which the _____ of the last hire is equal to the _____ for that hire.

A) demand factor; supply factor
B) marginal output; market price
C) incremental output; marginal output
D) marginal revenue; wage rate