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Figure 18-1 on the Graph, L Represents the Quantity of Labor and Labor

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Figure 18-1
On the graph, L represents the quantity of labor and Q represents the quantity of output per week. Figure 18-1 On the graph, L represents the quantity of labor and Q represents the quantity of output per week.   -Refer to Figure 18-1. Suppose the firm hires each unit of labor for $700 per week, and each unit of output sells for $9. How many workers will the firm hire to maximize its profit? A) 2 B) 3 C) 4 D) 5
-Refer to Figure 18-1. Suppose the firm hires each unit of labor for $700 per week, and each unit of output sells for $9. How many workers will the firm hire to maximize its profit?


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