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The following table is for a purely competitive market for resources. Number of Workers Total Product Product Price 0 0 $3 1 16 3 2

The following table is for a purely competitive market for resources. Number of Workers Total Product Product Price 0 0 $3 1 16 3 2 26 3 3 34 3 4 40 3 5 44 3 At a wage rate of $23 per worker, the firm will choose to employ Multiple Choice 2 workers. 3 workers. 4 workers. 5 workers

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