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    Principles of Microeconomics
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    Exam 10: Input Demand: the Labor and Land Markets
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    Refer to the Data Provided in Table 10
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Refer to the Data Provided in Table 10

Question 1

Question 1

Multiple Choice

Refer to the data provided in Table 10.3 below to answer the following question(s) .
Table 10.3 Refer to the data provided in Table 10.3 below to answer the following question(s) . Table 10.3   -Refer to Table 10.3. If workers are paid $600 per day, then the firm is profit maximizing when it hires ________ workers. A)  two B)  three C)  four D)  five
-Refer to Table 10.3. If workers are paid $600 per day, then the firm is profit maximizing when it hires ________ workers.


A) two
B) three
C) four
D) five

Correct Answer:

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