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11) A firm is thinking of hiring an additional worker to their organization who they believe can increase total productivity by 100 units a week.

11) A firm is thinking of hiring an additional worker to their organization who they believe can increase total productivity by 100 units a week. The cost of hiring him or her is $1200 per week. If the price of each unit is $16,

a) the MR of hiring the worker is $1600

b) The MC of hiring the worker is $1200

c) The firm should hire the worker since MR>MC

d) All the above

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