ECO $101-$A $($Fall $2024)/$ Eco $101$ Final Exam F$24$

Eco $101$ Final Exam F$24$

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Question $27$

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If the marginal product of labor is $15$ bushels of corn, the wage is $$25,$ and the price of corn is $$1\mathrm{.}75$ per bushel, then a profit maximizing competitive firm should hire fewer workers.

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