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If a worker can produce 2 0 units of output which can be sold for $ 4 per unit, what is the maximum wage that
If a worker can produce units of output which can be sold for $ per unit, what is the maximum wage that firm should pay to hire this worker?
$
$ minus the firm's profit markup
It depends on what the going wage rate is in the labor market.
There is insufficient information to answer the question.
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