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-Refer to the Above Table

Question 64

Multiple Choice

-Refer to the above table. Suppose the price of the good sold is $10 and the marginal factor cost of labor is $70, how many units of labor will the firm hire? A) 10 B) 11 C) 12 D) 13
-Refer to the above table. Suppose the price of the good sold is $10 and the marginal factor cost of labor is $70, how many units of labor will the firm hire?


A) 10
B) 11
C) 12
D) 13

Correct Answer:

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