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The Following Figure Shows a Competitive Firm's ARP and MRP

Question 38

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The following figure shows a competitive firm's ARP and MRP curves.
The following figure shows a competitive firm's ARP and MRP curves. -If the wage is $60, how many workers will the firm hire? ________. How much output will the firm produce? ________.
-If the wage is $60, how many workers will the firm hire? ________. How much output will the firm produce? ________.

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