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If the Twelfth Worker Hired Is Able to Produce 10

Question 80

Multiple Choice

If the twelfth worker hired is able to produce 10 units a day of a product that sells for $16 per unit, the competitive firm will hire this worker if his or her wages are _____ per day.


A) $161 or less
B) $160 or less
C) $162 to $200
D) over $200

Correct Answer:

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