If the mpp of an additional unit of labor is 5 units per, Microeconomics

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If the mpp of an additional unit of labor is 5 units per

If the MPP of an additional unit of labor is 5 units per hour, product price is constant at $3 per unit, and the wage rate is $12 per hour, then:

A. An additional unit of labor should be employed

B. An additional unit of labor should not be employed

C. The employer should lower the price to sell more units and make more profit

D. The employer should expand production

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Microeconomics: If the mpp of an additional unit of labor is 5 units per

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Microeconomics: If the mpp of an additional unit of labor is 5 units per

Reference No:- TGS01191224

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