Question
The following table provides information about production at the XYZ-TV Company. Number of TVS Produced Workers 0 12345 0 35 68 99 128 155
The following table provides information about production at the XYZ-TV Company. Number of TVS Produced Workers 0 12345 0 35 68 99 128 155 Marginal Product -- 35 33 31 29 27 Value of Marginal Product $35,000 $33,000 $31,000 $29,000 $27,000 How many workers will the XYZ-TV Company hire if the going wage for TV production workers is $28,000?
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