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Exhibit 27-8 ​

Question 13

Multiple Choice

Exhibit 27-8
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Exhibit 27-8 ​ -Refer to Exhibit 27-8. What is the total wage bill of the profit- maximizing monoposonist? A) W<sub>5</sub> x Q<sub>3</sub> B) W<sub>4</sub> x Q<sub>5</sub> C) W<sub>3</sub> x Q<sub>2</sub> D) W<sub>2</sub> x Q<sub>3</sub>
-Refer to Exhibit 27-8. What is the total wage bill of the profit- maximizing monoposonist?


A) W5 x Q3
B) W4 x Q5
C) W3 x Q2
D) W2 x Q3

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