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Business, 23.07.2020 06:01 crybaby222psyc

Suppose a competitive firm pays a wage of $12 an hour and sells its product at $3 per unit. Assume that labor is the only input. If hiring another worker would increase output by five units per hour, then to maximize profits the firm should Group of answer choices

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Suppose a competitive firm pays a wage of $12 an hour and sells its product at $3 per unit. Assume t...
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