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Suppose you know the following about a widget manufacturing firm producing in the short run with a fixed amount of capital: * The total cost

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Suppose you know the following about a widget manufacturing firm producing in the short run with a fixed amount of capital: * The total cost of production is $6,000 * The wage rate is $100 * The firm is currently producing 100 widgets * The average product of labor is 5 The average fixed cost of production is $ and the firm is hiring workers

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