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The price of a product is $300 per unit. If the firm pays a wage of $1,400 per week and the marginal product of labor

The price of a product is $300 per unit. If the firm pays a wage of $1,400 per week and the marginal product of labor (MPL) equals 40 units per week, then the firm is most likely to

Select one:

a.hire more workers.

b.let some workers go.

c.keep the same amount of workers.

d.produce less products.

e.keep the same amount of products.

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