A competitive firm hires workers as long as:Answer marginal product of labor is

Question

A competitive firm hires workers as long as:Answer marginal product of labor is positive. value of marginal product of labor is positive. marginal product of labor is greater than the wage rate. value of marginal product of labor is greater than the wage rate. marginal product of labor is positive. value of marginal product of labor is positive. marginal product of labor is greater than the wage rate. value of marginal product of labor is greater than the wage rate. marginal product of labor is positive. value of marginal product of labor is positive. marginal product of labor is greater than the wage rate. value of marginal product of labor is greater than the wage rate.

Explanation / Answer

value of marginal product of labor is positive.

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