Which statement is FALSE? O If W< MRPL, the firm should hire less labor. O If W> MRPL, the firm should hire less labor.
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Which statement is FALSE? O If W< MRPL, the firm should hire less labor. O If W> MRPL, the firm should hire less labor.
statement is FALSE? O If W< MRPL, the firm should hire less labor. O If W> MRPL, the firm should hire less labor. If W=MRPL, the firm has the optimal amount of labor. If the marginal product of labor is rising, then the value of the marginal product of labor is also rising.
Which