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Table 17-1 -Refer to Table 17-1.Suppose the Output Price Is $3.If the Price

Question 165

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Table 17-1
Table 17-1 -Refer to Table 17-1.Suppose the output price is $3.If the firm represented in the table is maximizing its profit by hiring six workers, what is the wage rate? A) $120 B) $65 C) $40 D) There is insufficient information to answer the question.
-Refer to Table 17-1.Suppose the output price is $3.If the firm represented in the table is maximizing its profit by hiring six workers, what is the wage rate?


A) $120
B) $65
C) $40
D) There is insufficient information to answer the question.

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