Which statement is FALSE? O If W< MRPL, the firm should hire less labor. O If W> MRPL, the firm should hire less labor.
Posted: Sun Jul 03, 2022 1:01 pm
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.
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