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(Table: Output and Marginal Cost) Look at the Table Output

Question 66

Multiple Choice

(Table: Output and Marginal Cost) Look at the table Output and Marginal Cost.After graduation you achieve your dream of opening your own art shop that specializes in selling mud statues.After careful study, you determine the information in the table.How many workers should you hire to minimize your average variable costs?


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

Correct Answer:

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