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A Profit-Maximizing Firm in a Competitive Market Will Employ More

Question 33

Multiple Choice

A profit-maximizing firm in a competitive market will employ more workers until the


A) marginal product equals the wage.
B) marginal product equals zero.
C) marginal revenue product equals zero.
D) marginal revenue product equals marginal cost.
E) value of the marginal product equals the wage.

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