wrightstain2077 wrightstain2077

19-06-2024
Business

Answered

To maximize profits, a skateboard business hires labour as long as the
a) marginal revenue product of labour is greater than the wage rate.
b) wage rate is greater than the price of a skateboard.
c) marginal revenue product of labour is greater than the price of a skateboard.
d) price of a skateboard is greater than the wage rate.
e) wage rate is greater than the marginal product of labour.

Answer :

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