Use the following to answer questions: Figure: The Demand for Bricklayers -(Figure: The Demand for Bricklayers) Look at the figure The Demand for Bricklayers. Which of the following statements is TRUE? A) Bricklayers should be hired whenever the value of the marginal product of bricklayers is greater than or equal to the market wage rate of bricklayers. B) The profit-maximizing condition for firms hiring bricklayers is where VMPL_bricklayers is less than the market wage rate. C) The profit-maximizing condition for firms hiring bricklayers is where MP_bricklayers equals the market wage rate. D) Bricklayers should be hired whenever the market wage rate of bricklayers is greater than the value of the marginal product of bricklayers.

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Bricklayers should be hired whenever the value of the marginal product of bricklayers is greater than or equal to the market wage rate of bricklayers, as this ensures that the firm is maximizing its profit by equating the additional revenue from hiring an extra worker to the cost of hiring that worker.

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