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    Exam 3: Productivity, output, and Employment
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    The Widget Company Has the Following Production Function
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The Widget Company Has the Following Production Function

Question 75

Question 75

Multiple Choice

The Widget Company has the following production function. The Widget Company has the following production function.   If widgets sell for $6 each and the wage rate is $33,how many workers will the company hire? A) 0 B) 1 C) 2 D) 4
If widgets sell for $6 each and the wage rate is $33,how many workers will the company hire?


A) 0
B) 1
C) 2
D) 4

Correct Answer:

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