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Suppose a Firm Is a Monopolist in Its Output Market

Question 5

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Suppose a firm is a monopolist in its output market and a perfect competitor in its input market.The demand for its output is
Suppose a firm is a monopolist in its output market and a perfect competitor in its input market.The demand for its output is<sub> </sub> <sub> </sub>   .The firm's production is given by   and the market wage is $50.The profit maximizing level of labor input is A)  100 B)  1,000 C)  3,600 D)  5,000 .The firm's production is given by Suppose a firm is a monopolist in its output market and a perfect competitor in its input market.The demand for its output is<sub> </sub> <sub> </sub>   .The firm's production is given by   and the market wage is $50.The profit maximizing level of labor input is A)  100 B)  1,000 C)  3,600 D)  5,000 and the market wage is $50.The profit maximizing level of labor input is


A) 100
B) 1,000
C) 3,600
D) 5,000

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