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    Exam 12: The Supply of and Demand for Productive Resources
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    Table 12-3 Refer to Table 12-3. Suppose That the Firm Pays Its
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Table 12-3 Refer to Table 12-3. Suppose That the Firm Pays Its

Question 162

Question 162

Multiple Choice

Table 12-3
Table 12-3   Refer to Table 12-3. Suppose that the firm pays its workers $75 per day. Each unit of output sells for $10. How many days of labor should the firm hire? A)  1 B)  2 C)  3 D)  4
Refer to Table 12-3. Suppose that the firm pays its workers $75 per day. Each unit of output sells for $10. How many days of labor should the firm hire?


A) 1
B) 2
C) 3
D) 4

Correct Answer:

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