A firm should hire more labor when the marginal revenue product of labor:1) A) exceeds the wage rate. B) equals the wage rate. C) is less than the wage rate. D) Any of these can be true. E) None of these are true.
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Home » Business » A firm should hire more labor when the marginal revenue product of labor:1) A) exceeds the wage rate. B) equals the wage rate. C) is less than the wage rate. D) Any of these can be true. E) None of these are true.