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Number of Employees Total Production Marginal Product of Labor Marginal Revenue Product 0 0 0 1 18 18 2 30 12 3 41 11 4 46 5 If the price of the item is $10.00 per unit and the employees cost $100 each, how many employees should the firm hire to maximize their profit
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Number of Employees Total Production Marginal Product of Labor Marginal Revenue Product 0 0 0 1 18 1...
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