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-The Above Table Has the Total Product Schedule for Joe's

Question 147

Multiple Choice

-The above table has the total product schedule for Joe's Barber Shop. Joe charges $6 per haircut. If the wage rate is $24 per worker, what quantity of labor will maximize profits? A) 1 worker B) 2 workers C) 4 workers D) 5 workers
-The above table has the total product schedule for Joe's Barber Shop. Joe charges $6 per haircut. If the wage rate is $24 per worker, what quantity of labor will maximize profits?


A) 1 worker
B) 2 workers
C) 4 workers
D) 5 workers

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