Multiple Choice
Use the following to answer question(s) : Demand and Supply of Bricklayers in a Perfectly Competitive Labor Market
-(Exhibit: Demand and Supply of Bricklayers in a Perfectly Competitive Labor Market) Assume that the market determined price of bricklayers is $100.For a profit-maximizing firm at the equilibrium level of output, the MRPBRICKLAYERS is:
A) $200.
B) equal to the MFCBRICKLAYERS.
C) the supply curve for the firm hiring bricklayers.
D) irrelevant, since the firm is a price taker.
Correct Answer:

Verified
Correct Answer:
Verified
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