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If the firm wanted to adjust wages to operate efficiently (marginal benefit vs. marginal cost), what strategy could be implemented? Senior analyst ($70/hr and 25
If the firm wanted to adjust wages to operate efficiently (marginal benefit vs. marginal cost), what strategy could be implemented? Senior analyst ($70/hr and 25 marginal product), Analyst ($30/hr and 10 marginal product), Junior Analyst ($15/hr and 4 marginal product) Adjust the Analyst wage rate to $25 and the Junior Analyst to $14 Adjust the Junior Analyst wage rate to $11 and the Analyst to $25 Adjust the Senior Analyst wage rate to $78 and the Analyst to $27 Adjust the Senior Analyst wage rate to $75 and the Junior Analyst to $12
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