=+c. Suppose that the price of the product increases to $3 and the wage remains at $16

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=+c. Suppose that the price of the product increases to

$3 and the wage remains at $16 per hour. Find the new profit-maximizing L.

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Microeconomics

ISBN: 9781292081977

8th Global Edition

Authors: Robert S. Pindyck, Daniel L. Rubinfeld

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