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Refer to the Given Data

Question 336

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Refer to the given data. If the prices of labor and capital are $9 and $15, respectively, the profit-maximizing firm will hire A) 5 units of labor and 3 of capital. B) 5 units of labor and 2 of capital. C) 4 units of labor and 4 of capital. D) 3 units of labor and 4 of capital. Refer to the given data. If the prices of labor and capital are $9 and $15, respectively, the profit-maximizing firm will hire


A) 5 units of labor and 3 of capital.
B) 5 units of labor and 2 of capital.
C) 4 units of labor and 4 of capital.
D) 3 units of labor and 4 of capital.

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