Consider labour hired for $18 per hour.If the last hour of labour hired produces 8 units of output which sells for $10 per unit,labour should be hired in this situation since the wage is MRP.
A)less; less than
B)no; equal to
C)more; less than
D)more; greater than
E)less; greater than

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The Answer of Consider labour hired for $18 per hour.If the last hour of labour hired produces 8 units of output which sells for $10 per unit,labour should be hired in this situation since the wage is MRP.
A)less; less than
B)no; equal to
C)more; less than
D)more; greater than
E)less; greater than

Consider Labour Hired for $18 Per Hour