Below Is Productivity Data for Firm Nearly Done Inc

question 140

Multiple Choice

Below is productivity data for firm Nearly Done Inc.which purchases resources in a perfectly competitive factor market.

-Refer to the above information to answer this question.What quantity of labour will Nearly Done Inc.employ and what will its total revenue be if the market wage rate is $4?

• A)5 and $72.
• B)8 and $96.
• C)8 and $98.
• D)9 and $98.
• E)Some indeterminate quantity above 9.

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