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Microeconomics vs. Macroeconomics
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Microeconomics vs. Macroeconomics
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0. Basic Principles of Economics / Microeconomics vs. Macroeconomics / Problem 3
Problem 3
A company wants to hire more workers. What microeconomic principle should it consider to determine the optimal number of workers?
A
Total fixed costs.
B
Total revenue maximization.
C
Average cost of production.
D
Marginal productivity of labor.
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