Business, 15.08.2019 07:10 Giabear23

When labor is the only input a firm uses, the marginal cost of a unit of output can be defined as
a. the marginal revenue multiplied by the wage.
b. the marginal product of labor multiplied by the wage.
c. the wage divided by the marginal product of labor.
d. the marginal product of labor divided by the wage.

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When labor is the only input a firm uses, the marginal cost of a unit of output can be defined as

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