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Business, 13.06.2020 22:57 bree9362

27. Suppose the firm currently employs 500 workers at 40 hours per worker per week and that the following relationship holds. MEM 800 MEH 9,000 = = 2 > = =1.5. MPM 400 MPH 6,000 Prove that the firm is not at an equilibrium mix of workers and hours by showing there is a window of opportunity for it to reduce its total cost.

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27. Suppose the firm currently employs 500 workers at 40 hours per worker per week and that the foll...

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