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Figure 12-5 Shows the Number of Baseballs a Manufacturer Can

Question 70

Multiple Choice

Figure 12-5 shows the number of baseballs a manufacturer can produce per day with different quantities of labor.Each baseball sells for $5 in a competitive market.The total revenue per day for the firm if it employs five workers is


A) $500
B) $300
C) $2,200
D) $5,000
E) $2,500

Correct Answer:

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