If Tie-Dyed T-Shirts Is Currently Employing Labor So That the Wage

question 142

Multiple Choice

If Tie-Dyed T-Shirts is currently employing labor so that the wage is greater than the marginal revenue product of labor, it must also be true that

• A) total revenues would be less than total costs.
• B) the wage is less than marginal cost.
• C) the price of the product must be less than marginal cost.
• D) the price of the product must be greater than marginal cost.