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how many wokers should the firm hire(need help now!!plzz), Microeconomics
Labor Total Output
a) If the price of the firm’s output is $12 per unit and the wage rate is $100 per worker, how many workers should the firm choose to hire?
b) If the price of the firm’s output falls to $8 per unit,how many workers should the firm hire?
c) Below what price would this firm choose to hire zero workers?
Posted Date: 10/12/2012 2:12:15 AM | Location : United States
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