Suppose the Chris Corpora Coal Mining Company currently employs 17 workers at $14.50 per hour, which is

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Suppose the Chris Corpora Coal Mining Company currently employs 17 workers at $14.50 per hour, which is the prevailing wage rate in the perfectly competitive market for miners. Suppose also that the marginal revenue product of the seventeenth worker is $12.50. What should the firm do? Why? What hiring rule should it follow?
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