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  3. Study Set
    Microeconomics Study Set 45
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    Exam 17: Wage Determination
  5. Question
    Refer to the Given Data
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Refer to the Given Data

Question 60

Question 60

Multiple Choice

  Refer to the given data. If the market wage rate is $5 and the firm hires its profit-maximizing number of workers, the firm's total revenue will exceed its total wage payment by A) $70. B) $25. C) $45. D) $15. Refer to the given data. If the market wage rate is $5 and the firm hires its profit-maximizing number of workers, the firm's total revenue will exceed its total wage payment by


A) $70.
B) $25.
C) $45.
D) $15.

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