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Suppose a firm uses workers and oflice space to produce output. The firm is locked into a year-long lease on its office space, but it

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Suppose a firm uses workers and oflice space to produce output. The firm is locked into a year-long lease on its office space, but it carr easay vary the number of employee hours it uses each day. The accompanying table describes the relationship between the number of employee hours the firm uses each day and the firm's daily output. Eoch unit of output selis for $1.5. the hourly wage rate is $16. and the rent on the office space is $45 per day. When the firm uses 15 employee-hours per doy. It earns a dally of: Mutiple choice verofic 590 loging 945

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