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A competitive firm produces an output of 200 units for a price of $15 per unit.The extra output produced by one extra worker is 5 units.In order to maximize it profit,the firm should pay a wage equal to _____.
Market Value
Market value is the current price at which an asset or service can be bought or sold in a marketplace.
Common Stock Dividend Distributable
A liability on the balance sheet representing the amount of dividends declared by a company but not yet paid to shareholders.
Paid-In Capital
Section of stockholders’ equity representing what stockholders have invested into the corporation.
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