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Table 10.2 -Refer to Table 10.2. If the Price of Output Is

Question 23

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Table 10.2 -Refer to Table 10.2. If the price of output is $2 per unit and we observe the firm hiring four workers, if the firm is maximizing profit, the wage rate must be between ________ and ________. A) $25; $45 B) $30; $35 C) $45; $60 D) $60; $80 Table 10.2
-Refer to Table 10.2. If the price of output is $2 per unit and we observe the firm hiring four workers, if the firm is maximizing profit, the wage rate must be between ________ and ________.


A) $25; $45
B) $30; $35
C) $45; $60
D) $60; $80

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