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Business, 27.11.2019 02:31 jaccamoboy

You have been hired by the no hassle collection agency to provide economic advice. the owner of the agency tells you that no hassle's only variable input is the number of collection agents. the hourly wage for collection agents is $40.00. the marginal revenue product curve for collection agents reaches its maximum at five workers with a marginal revenue product of $34.00. what advice would you give this firm?

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