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If the price of the product is $2 and the cost of each employee is $15, how many employees should the firm hire to maximize

If the price of the product is $2 and the cost of each employee is $15, how many employees should the firm hire to maximize their profit?

  • a.)
  • Four employees
  • b.)
  • Three employees
  • c.)
  • Two employees
  • d.)
  • Five employees

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