This topic contains a solution. Click here to go to the answer

Author Question: When hiring labor, to maximize profit a firm hires labor (Read 41 times)

nelaaney

  • Hero Member
  • *****
  • Posts: 560
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by nelaaney on May 24, 2019

mtmmmmmk

  • Sr. Member
  • ****
  • Posts: 335
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.
Answer Preview
Only 39% of students answer this correctly




nelaaney

  • Member
  • Posts: 560
Reply 2 on: May 24, 2019
Gracias!


AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

For a complete list of videos, visit our video library