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AP Microeconomics
Unit 5 – Factor Markets
Topic 5.1
What happens if MRP is less than MRC in the factor market?
The firm should reduce the number of workers
The firm should not hire additional workers
The firm should shut down
The firm should keep the number of workers constant
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AP Microeconomics - 5.1 Introduction to Factor Markets
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Factor Market
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About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
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Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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