Q. A profit maximizing firm under a perfectly competitive marketemploys more and more variable input labour until (Solved)
1. mrpl < mel = w
2. mrpl > mel = w
3. mrpl = mel = w
4. none of the above
- c. mrpl = mel = w
1. mrpl < mel = w
2. mrpl > mel = w
3. mrpl = mel = w
4. none of the above