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

In a perfectly competitive labour market firms are wage takers and the marginal cost of labour equals?

/ Economics Mcqs, Labour Market / By
In a perfectly competitive labour market firms are wage takers and the marginal cost of labour equals?

A. The average cost of labour
B. The marginal product
C. The marginal revenue
D. The total cost of labour