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

A. the marginal product of labor equals the wage

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

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

D. the value of the marginal product of labor equals the wage

Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.

Discuss the answer or suggest a sourced correction
Thank you for contributing.
Your comment was submitted and will appear after editorial review.

Your email is used only for moderation and is never displayed. Spam, copied material and fabricated endorsements are rejected.