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Table (Baristas Labor I)

Question 77

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Table (Baristas Labor I) . Suppose that the wage rate for baristas is $9 per hour and the average price of cappuccino is $4.45. Table (Baristas Labor I) . Suppose that the wage rate for baristas is $9 per hour and the average price of cappuccino is $4.45. Suppose the productivity of workers increases by 10% compared to the output shown in the table. The profit-maximizing quantity of labor would now be ____. A) 2 B) 3 C) 4 D) 5 Suppose the productivity of workers increases by 10% compared to the output shown in the table. The profit-maximizing quantity of labor would now be ____.


A) 2
B) 3
C) 4
D) 5

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