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Refer to the Given Data

Question 31

Multiple Choice

Refer to the given data. If the market wage rate is $8 and the firm hires its profit-maximizing number of workers, the firm's total wage bill (payment) will be A) $24. B) $32. C) $16. D) $40. Refer to the given data. If the market wage rate is $8 and the firm hires its profit-maximizing number of workers, the firm's total wage bill (payment) will be


A) $24.
B) $32.
C) $16.
D) $40.

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