In theory - firms are suppose to hir labor up the the point where the marginal revenue product equals the marinal factor cost. Explain what this means and do you find this to be true? When would this not be the case? Have you witnessed this not being the case in your own work experience? Bring in material from the chapter to support your answer.

Answer this question in multiple paragraphs and reply to at least one other student's post in 1-2 relevant paragraphs. You can not just write 'Yes, your post is good' and be done with it.