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Essays: Answer ONE and only 1 of the essay questions on this page - your choice. Be thorough and concise. (15 points) 1. You run
Essays:
Answer ONE and only 1 of the essay questions on this page - your choice. Be thorough
and concise. (15 points)
1. You run a craft beer company and this month when you hired 10 more units of labor, output
rose by 500 barrels. In the short run, if you hire another additional 10 units of labor will output
rise another 500 barrels? Explain.
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