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-Refer to the Above Table

Question 97

Multiple Choice

  -Refer to the above table. Suppose the price of the good sold is $4 and the marginal factor cost of labor is $600, how many units of labor will the firm hire? A)  4 B)  5 C)  6 D)  3
-Refer to the above table. Suppose the price of the good sold is $4 and the marginal factor cost of labor is $600, how many units of labor will the firm hire?


A) 4
B) 5
C) 6
D) 3

Correct Answer:

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