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    Exam 3: Productivity, output, and Employment
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    Zowie! Surfboards Has the Following Production Function
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Zowie! Surfboards Has the Following Production Function

Question 105

Question 105

Multiple Choice

Zowie! Surfboards has the following production function. Zowie! Surfboards has the following production function.   If surfboards sell for $30 and the nominal wage rate is $200,how many workers should the firm employ? A) 2 B) 3 C) 4 D) 5
If surfboards sell for $30 and the nominal wage rate is $200,how many workers should the firm employ?


A) 2
B) 3
C) 4
D) 5

Correct Answer:

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