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The figure below shows output of a firm at different number of workers. Payment to workers is the only variable cost of the firm.
-Refer to the figure above.If the price of the output is $5.00 per unit and the wage is $30 per worker,the firm's optimal choice in the short run is to hire ________ workers.
Pleasant Stimulus
A pleasant stimulus is any event, object, or situation that produces a positive emotional response or feeling of enjoyment.
Withdrawal
Symptoms that occur after cessation or reduction in intake of a substance that the body has become dependent upon, like drugs or alcohol.
Cognitive Processes
Mental activities involved in acquiring, processing, storing, and applying information, such as perception, memory, and reasoning.
Secondary Reinforcers
Stimuli that have no inherent value but become reinforcing through their association with primary reinforcers.
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