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Business, 21.05.2020 01:00 01222002

Use the following to answer questions 3-8: Number of Workers Total Cost 0 1000 1 2200 2 3200 3 4000 4 4600 5 5000 6 5200 7 5600 8 6200 9 7000 10 8000 If hiring the 4th worker increases total product by 50 units and the price of each unit is $15, a. the firm should not hire the 4th worker as MRMC c. marginal revenue equals $150 d. the firm should not hire the 4th worker as MR

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