Let
MP = marginal product, P = output price, and W = wage, then the
equation that represents the condition where a competitive firm would
hire another worker is
A. P × MP > W.
B. P × W > MP.
C. P × MP < W.
D. P × MP = W.
A. P × MP > W.
B. P × W > MP.
C. P × MP < W.
D. P × MP = W.
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