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Suppose the following table gives the quantity of labor, offered wage, and marginal revenue product of labor for Company X. Labor (hours) Wage ($/hour) MRP

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Suppose the following table gives the quantity of labor, offered wage, and marginal revenue product of labor for Company X.

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Labor (hours) Wage ($/hour) MRP 16 12 17 18 170 18 24 154 19 30 138 20 36 122

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