Answer
C
Work Step by Step
The labor costs have decreased. Thus, it makes sense to get more employees, for the number of employees for which marginal revenue exceeds marginal costs is greater.
Microeconomics: Principles, Problems, & Policies, 20th Edition
by McConnell, Campbell; Brue, Stanley; Flynn, Sean
Published by
McGraw-Hill Education
ISBN 10:
0077660811
ISBN 13:
978-0-07766-081-9
Chapter 15 - Wage Determination - Review Questions - Page 350: 4
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