If the market value of the output of the last worker hired by a firm (VMPL) is higher than the wage paid to the worker, what should the firm do? a.Hire more workers b.Keep the same number of workers c.Lay off workers d.Change its production methods

Economics For Today
10th Edition
ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter11: Labor Markets
Section: Chapter Questions
Problem 18SQ
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If the market value of the output of the last worker hired by a firm (VMPL) is higher than the wage paid to the worker, what should the firm do?
a.Hire more workers
b.Keep the same number of workers
c.Lay off workers
d.Change its production methods
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