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Author Question: When hiring labor, to maximize profit a firm hires labor (Read 115 times)

nelaaney

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on: May 24, 2019
When hiring labor, to maximize profit a firm hires labor
◦ until the value of marginal product equals the wage rate.
◦ if the workers are not unionized.
◦ until the value of marginal product is less than the wage rate.
◦ until the value of marginal product is greater than the wage rate.
◦ until the value of marginal product equals the marginal revenue from hiring the worker.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by nelaaney on May 24, 2019

mtmmmmmk

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nelaaney

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

juliaf

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Reply 3 on: Yesterday
:D TYSM

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