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victus00 [196]
3 years ago
10

A "profit-maximizing firm competes in both perfectly competitive" product and factor markets. This firm finds that its marginal

resource cost for the last unit of labor hired is greater than the marginal revenue product. This firm should__________.
Business
1 answer:
Klio2033 [76]3 years ago
3 0

Answer:

the correct answer is

produce less of the product and reduce the number of workers, even though the marginal resource cost will remain constant

good luck

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