Question: a) (5 points) How many workers will you hire and what is your maximum profit in nominal terms?In real terms? b) (5 points) Suppose due

a) (5 points) How many workers will you hire and what

a) (5 points) How many workers will you hire and what is your maximum profit in nominal terms?In real terms?

b) (5 points) Suppose due to the phone ringing off the hook, you decide the raise the price of your output - fill in the P = $12 columns. How many workers will you hire now and what is your maximum profit in nominal terms?In real terms?

is your maximum profit in nominal terms?In real terms? b) (5 points)

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