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Exhibit 22-14 Assume That Labor Is the Only Variable Input

question 89

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Exhibit 22-14
Exhibit 22-14     Assume that labor is the only variable input. -Refer to Exhibit 22-14.What is the level of output with 2 and 3 laborers working [blanks (A) and (B) ]? A)  175 units; 225 units B)  100 units; 175 units C)  100 units; 225 units D)  50 units; 175 units E)  none of the above
Assume that labor is the only variable input.
-Refer to Exhibit 22-14.What is the level of output with 2 and 3 laborers working [blanks (A) and (B) ]?


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