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The Following Figure Shows the Average Revenue Product (ARP) and Marginal

Question 48

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The following figure shows the average revenue product (ARP) and marginal revenue product curves of monopoly for its only variable input, labor.
The following figure shows the average revenue product (ARP) and marginal revenue product curves of monopoly for its only variable input, labor. -If the wage is $60, the firm will hire _________ workers.
-If the wage is $60, the firm will hire _________ workers.

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