

MCQOPTIONS
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1. |
A profit maximising firm will employ labour up to the point where ? |
A. | Marginal revenue = marginal product |
B. | Marginal cost = marginal product |
C. | Marginal revenue product = average cost of labour |
D. | Marginal revenue product = marginal cost of labour |
Answer» C. Marginal revenue product = average cost of labour | |