When Labour Is a Firm's Only Variable Input in Its

question 89

Multiple Choice

When labour is a firm's only variable input in its production process, what point will a profit-maximizing firm continue to employ additional workers until?

• A) as long as the marginal revenue product of labour > the marginal resource cost
• B) as long as the marginal product of labour = 0
• C) as long as the marginal product of labour > 0
• D) as long as the marginal revenue product of labour < the marginal resource cost

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