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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 Given Data
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Refer to the Given Data

Question 215

Question 215

Multiple Choice

  Refer to the given data. If the prices of labor and capital are $9 and $15, respectively, and labor and capital are the only inputs, the firm's economic profits will be A) $102. B) $82. C) $67. D) $28. Refer to the given data. If the prices of labor and capital are $9 and $15, respectively, and labor and capital are the only inputs, the firm's economic profits will be


A) $102.
B) $82.
C) $67.
D) $28.

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