testedagent4714 testedagent4714
  • 29-11-2022
  • Business
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If a firm hires to a point where marginal expense of labor is less than the marginal revenue product of labor, then:a) Profits could be increased by increasing employment.b) Profits could be increased by reducing employment.c) Profits are maximized.d) Total cost must be greater than total revenue.

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