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qwertybio qwertybio
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Posts: 130
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A year ago
Consider labour that is hired for $18 per hour. If the last hour of labour hired produces 8 units of output which sells for $10 per unit, that labour-hour adds ________ to the firm's profit and so ________ labour should be hired.

▸ $0; no

▸ $80; more

▸ $62; less

▸ -$80; less

▸ $62; more
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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mlwpcdmlwpcd
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A year ago
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