=+2. Martys Frozen Yogurt has the production function per day shown in the accompanying table. The equilibrium
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=+2. Marty’s Frozen Yogurt has the production function per day shown in the accompanying table. The equilibrium wage rate for a worker is $80 per day. Each cup of frozen yogurt sells for $2.
Quantity of labor (w | Quantity of frozen y orkers) ogurt (cups)
oO oO 1 110 2 200 3 270 4 300 5 320 6 330
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