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    Microeconomics Study Set 45
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    Exam 16: The Demand for Resources
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    Refer to the Table, Which Gives Data for a Firm
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Refer to the Table, Which Gives Data for a Firm

Question 32

Question 32

Multiple Choice

  Refer to the table, which gives data for a firm that is hiring labor in a purely competitive market. If the wage rate is $4.5, how many workers will the firm choose to employ? A) 2 B) 3 C) 5 D) 4 Refer to the table, which gives data for a firm that is hiring labor in a purely competitive market. If the wage rate is $4.5, how many workers will the firm choose to employ?


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

Correct Answer:

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