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Table 18-9 -Refer to Table 18-9.This Table Describes the Number of Baseballs

Question 159

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Table 18-9
Table 18-9 -Refer to Table 18-9.This table describes the number of baseballs a manufacturer can produce per day with different quantities of labor.Each baseball sells for $2.50 in a competitive market and the firm pays each unit of labor a wage equal to $225 per day.How many units of labor should the firm hire to maximize profit? A) 2 units B) 3 units C) 4 units D) 5 units
-Refer to Table 18-9.This table describes the number of baseballs a manufacturer can produce per day with different quantities of labor.Each baseball sells for $2.50 in a competitive market and the firm pays each unit of labor a wage equal to $225 per day.How many units of labor should the firm hire to maximize profit?


A) 2 units
B) 3 units
C) 4 units
D) 5 units

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