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Business, 08.12.2021 21:10 sindy35111

A profit-maximizing firm should hire an input as long as the Multiple Choice marginal revenue product of the input is greater than the marginal revenue product of other inputs the firm is using. firm can increase its total revenue. marginal revenue product of the input is at least as much as the cost of hiring the input. price of the input doesn't exceed the price of the other inputs used in the firm's production.

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