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Explain why the marginal product of labour curve is thefirm's labour demand curve. A. A firm maximizes profits for the quality of labour input that
Explain why the marginal product
of labour curve is thefirm's labour demand curve.
A.
A firm maximizes profits for the quality of labour input that implies marginal product of labour equals wages.
B.
A firm maximizes profits for the quantity of labour input that implies marginal product of labour is less than wages.
C.
A firm maximizes profits for the quantity of labour input that implies marginal product of labour is greater than wages.
D.
A firm maximizes profits for the quantity of labour input that implies marginal product of labour equals wages.
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