=+A. Suppose we model such government regulations as a cost c per worker hour in addition to
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=+A. Suppose we model such government regulations as a cost c per worker hour in addition to the wage w that is paid directly to the worker. Assume that you face a production technology that has the typical property of initially increasing marginal product of labor that eventually diminishes.
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Related Book For 
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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