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Question 7 1 pts A competitive firm is the short run. Wages are $19. The marginal revenue product of labor is $18. To maximize profits, the firm should O not change a thing O hire more labor O hire less labor Question 8 1 pts Suppose the government requires all firms to provide personal protective equipment (e.g. face masks, gloves, etc.) for all employees during the SARS-CoV-2 outbreak. All else equal, the firm will likely hire employees. more O fewer the same number of