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03:34 .ml '5 [3' 3-313}: hw1304fa||2021POST 2 day back 1n July OT [988. Q 3. (105 points) You can hire all the workers you want

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03:34 .ml '5\" [3' 3-313}: hw1304fa||2021POST 2 day back 1n July OT [988. Q 3. (105 points) You can hire all the workers you want at $100 per worker. The output price of your product is $10. Fill in the Table below (10 points) a) (5 points) How many workers will you hire and what is your maximum prot 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 ~ ll in the P = $12 columns. How many workers will you hire now and what is your maximum prot in nominal terms? In real terms? 0) ( 10 points) In the space below, draw the supply curve for your rm. Be sure to put all the shift variables in parentheses next to the supply curve (like we did in class).Please label as point A when the price is $10 and as point B when the price is $12

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