Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

In a competitive labour market firms will hire labour up to the point where the marginal revenue product of labour equals ?

In a competitive labour market firms will hire labour up to the point where the marginal revenue product of labour equals ?

A. total labour cost
B. the marginal product
C. the price of the product
D. the wage rate