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If a Profit-Maximizing Firm Hires Its Eleventh Worker,then It Can

Question 98

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If a profit-maximizing firm hires its eleventh worker,then it can be inferred that when the firm hired the first 10 workers,the


A) wage was larger than the value of the marginal product of labor (VMPL) .
B) value of the marginal product of labor (VMPL) was larger than the wage.
C) marginal product of labor was increasing.
D) market was becoming less competitive.
E) labor demand curve of this firm was becoming more steep.

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