?

AP® Microeconomics

Free Version

Upgrade subject to access all content

Easy

Factor Markets: Profit-Maximizing Rule

APMICR-R5L1ET

Which of the following represents the rule for hiring the profit-maximizing quantity of labor?

A

MR = MC

B

MRP = MRC

C

MP of A/P of A = MP of B/P of B

D

MB = MC

E

MRC = W