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A competitive employer will hire additional labor as long as: Question 23Answer a. Wage is less than marginal product b. MRPL exceeds the wage rate
A competitive employer will hire additional labor as long as: Question 23Answer a. Wage is less than marginal product b. MRPL exceeds the wage rate c. MC is greater than MR
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
