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Suppose That a Firm Sells a Good for a Perfectly

Question 244

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Suppose that a firm sells a good for a perfectly competitive price of $5.The equilibrium wage rate is $10.The first worker it hires produces five units.Two workers produce a total of nine units.Given this information,the firm will:


A) hire the first worker only.
B) hire both the first and second workers.
C) not hire either worker.
D) hire only the second worker.

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