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You have ten workers who are all equally skilled and who can do each other worker's job with the same efficiency. The first worker does
You have ten workers who are all equally skilled and who can do each other worker's job with the same efficiency. The first worker does a task worth $100, the second, $90, and so on until the last whose task is worth $10. Worker number one comes to you, demands a raise, and threatens to quit if the raise is not forth coming. How much at most should you be willing to pay worker number one?
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