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The Following Question Are Based on the Following Information for a Firm

Question 73

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The following question are based on the following information for a firm under conditions of perfect competition:
The following question are based on the following information for a firm under conditions of perfect competition: -If the price of the product is $5 per unit and the firm must pay $40 per worker employed,how many workers should the firm hire to maximize profits? A) 10 B) 11 C) 12 D) 13 E) 14
-If the price of the product is $5 per unit and the firm must pay $40 per worker employed,how many workers should the firm hire to maximize profits?


A) 10
B) 11
C) 12
D) 13
E) 14

Correct Answer:

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