The Additional Revenue a Firm Obtains When It Hires an Additional

question 20

Multiple Choice

The additional revenue a firm obtains when it hires an additional worker (holding other inputs constant) is the

• A) marginal revenue product (MRP) of labor.
• B) total factor cost (TFC) per worker.
• C) general rule for hiring.
• D) marginal physical product (MPP) of labor.

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