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Exhibit 27-5 -Refer to Exhibit 27-5.Assume That the Firm Is a Factor

Question 119

Multiple Choice

Exhibit 27-5
Exhibit 27-5 -Refer to Exhibit 27-5.Assume that the firm is a factor price taker and that the price of a unit of labor is constant at $480.The firm should hire __________ of labor. A) one unit B) two units C) three units D) four units E) five units
-Refer to Exhibit 27-5.Assume that the firm is a factor price taker and that the price of a unit of labor is constant at $480.The firm should hire __________ of labor.


A) one unit
B) two units
C) three units
D) four units
E) five units

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