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Suppose a single employer is facing the supply curve of labor as w = (L/50). Firm's own demand curve can be given asMRP = 90

Suppose a single employer is facing the supply curve of labor as w = (L/50). Firm's own demand curve can be given asMRP = 90 - 0.05L.

Firm will employ ______workers and offer wage rate $_____

a. 50 and $10

b. 200 and $40

c. 500 and $10

d. 1000 and $20

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