Refer to the Information Provided in Figure 7

question 35

Multiple Choice

Refer to the information provided in Figure 7.8 below to answer the question(s) that follow. Figure 7.8
-Refer to Figure 7.8. The firm is currently along isocost CE. If the price of labor is $24, then the price of labor is

• A) $16.
• B) $24.
• C) $36.
• D) $80.

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