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Exhibit 11-11 Exhibit 11-11 Shows Data on Watch Production

Question 166

Multiple Choice

Exhibit 11-11 Exhibit 11-11 Exhibit 11-11 shows data on watch production.If the marginal resource cost is constant at $70 per unit of labor, how many workers should the firm hire to maximize its profit? A) zero B) one C) two D) three E) four Exhibit 11-11 shows data on watch production.If the marginal resource cost is constant at $70 per unit of labor, how many workers should the firm hire to maximize its profit?


A) zero
B) one
C) two
D) three
E) four

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