4. Suppose two firms produce computer software. Firm A employs a software genius at the same salary...

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4. Suppose two firms produce computer software. Firm A employs a software genius at the same salary that firm B employs a mediocre software engineer. Will the firm that employs the software genius earn higher profits than the other firm, ceteris paribus?

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Microeconomics

ISBN: 9780324785494

9th Edition

Authors: Roger A. Arnold

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