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A firm will most likely decide to increase production, if its O A MR = MC OB MR MC. O D. MC > 0 A
A firm will most likely decide to increase production, if its O A MR = MC OB MR MC. O D. MC > 0 A year before they were shipped into space, the labour supply curve for telephone sanitizers on Golgafrincham was Ls = 40 + 5W and the demand curve was Ld = 200 - 11W, where L is the number of workers in million and W is the hourly wage. Assuming the wage is 12 buckazoids per hour, O A. 32 million workers are unemployed. OB. 70 million workers have a job. OC. there is a shortage of 32 million workers. OD. there are 105 million workers in the labour force. Price of Product B was $10 per unit in 2020 and increased to $15 per unit in 2021. During the same period, demand for Product B declined from 100 units in 2020 to 80 units in 2021. Arc elasticity of demand for Product B is: O A. -0.40 OB. 0.56 OC -0.75 OD -0.27
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