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Wages tend to equal the average product of labor. the marginal product of labor. the total...

Wages tend to equal

the average product of labor.
the marginal product of labor.
the total product of labor.
no direct relation to marginal or average product.
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Answer #1

Ans) the correct option id the marginal product of labor

Firms will hire workers up to the point where the wage equals the value of the marginal product of labor

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