# A competitive profit-maximizing firm should hire workers up to the point where ? with Answer - Economics Mcqs | TestPrep

> Solved MCQ: A competitive profit-maximizing firm should hire workers up to the point where ? Correct Answer: C. the value of the marginal product of labor equals the wage. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# A competitive profit-maximizing firm should hire workers up to the point where ?

Direct Answer & Quick Reference

The correct option is **C. the value of the marginal product of labor equals the wage**.

A. the wage, the rental price of capital and the rental price of land are all equal

B. the marginal product of labor equals zero and the production function is maximized

C. the value of the marginal product of labor equals the wage **(Correct Answer)**

D. the marginal product of labor equals the wage

✨ Explain with AI

Verified Key: C. the value of the marginal product of labor equals the wage
Solved by 4,055+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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