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Use the following to answer questions: Use the following to answer questions:   -(Table: Workers and Output)  Look at the table Workers and Output. After graduation you achieve your dream of opening an art shop that specializes in selling mud statues. You pay $10 per day on a loan from your uncle, and regardless of how much you produce, you pay $10 per day to each of the workers who make the mud statues. How many workers should you hire to minimize your marginal costs? A)  two B)  three C)  four D)  five
-(Table: Workers and Output) Look at the table Workers and Output. After graduation you achieve your dream of opening an art shop that specializes in selling mud statues. You pay $10 per day on a loan from your uncle, and regardless of how much you produce, you pay $10 per day to each of the workers who make the mud statues. How many workers should you hire to minimize your marginal costs?


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

Correct Answer:

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