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If the marginal revenue product of labor exceeds the wage rate, a profit-maximization firm will hire...?

more labor????...True OR False???

2007-12-01 15:31:56 · 1 answers · asked by lushuz24 1 in Social Science ➔ Economics

1 answers

In theory true, in the real world they give the CEO a bonus instead

2007-12-01 15:45:30 · answer #1 · answered by meg 7 · 0⤊ 0⤋

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