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If a profit-maximizing firm starts with 50 employees and then decreases employment, which of the following is most likely? Select one: a. The firm is

If a profit-maximizing firm starts with 50 employees and then decreases employment, which of the following is most likely?

Select one:

a. The firm is losing market share.

b. The firm is not likely to be minimizing losses.

c. The wage exceeds the value of the marginal product of labour.

d. The value of the marginal product of labour exceeds the wage.

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