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Table 17.5 -A Firm Producing Ink Pens Reports the Production Information in Information

Question 43

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Table 17.5 -A firm producing ink pens reports the production information in Table 17.5.The pens sell in a competitive market at a price of $0.50 each.The firm hires workers in a competitive labor market at a wage of $9 per hour.How many workers should the firm hire? Explain your answer.
Table 17.5
-A firm producing ink pens reports the production information in Table 17.5.The pens sell in a competitive market at a price of $0.50 each.The firm hires workers in a competitive labor market at a wage of $9 per hour.How many workers should the firm hire? Explain your answer.

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The firm should hire three workers.The m...

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