Question: Suppose that Company A is a protmaximizing rm operating in an imperfectly competitive output market. If Company A decides to hire 90 workers, what is


Suppose that Company A is a protmaximizing rm operating in an imperfectly competitive output market. If Company A decides to hire 90 workers, what is the market wage rate? Labor Marginal Product Marginal Revenue (# of workers) (MPU (M R) 30 10 $16 50 7 $10 70 5 $8 90 3 $4
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