Refer to the above diagrams the profit maximizing

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39. Refer to the above diagrams. The profit-maximizing firm's total wage cost: A. is 0 abc . B. is 0 wbc . C. is wab . D. cannot be determined. 40. Refer to the above diagrams. The profit-maximizing firm's total revenue:
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41. Refer to the above diagrams. At the profit-maximizing level of employment for this firm, the amount available to pay to nonlabor resources: 42. The individual firm in a purely competitive labor market faces: 43. Refer to the above data. This firm's product price is: A. $2. B. $3. C. $4. D. $16. 44. Refer to the above data. The marginal revenue product of the second worker is: 45. Refer to the above data. The marginal revenue product of the fourth worker is: 46. Refer to the above data. We can conclude from the information given that this firm is a: 47. Refer to the above data. If the market wage rate is $8, this firm will employ: A. 2 workers. B. 3 workers. C. 4 workers. D. 5 workers. 48. Refer to the above data. If the market wage rate is $8 and the firm hires its profit-maximizing number of workers, the firm's total wage bill (payment) will be:
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49. Refer to the above data. If the market wage rate is $8 and the firm hires its profit-maximizing number of workers, the firm's total revenue will exceed its total wage payment by: 50. Refer to the above data. If this firm can hire as few or many workers as it wants at $8, it is: 1. W < MRP; W < MRC 2. W = MRP; W < MRC 3. W = MRP; W = MRC 4. W > MRP; W > MRC 51. Refer to the above list. The outcome in a purely competitive labor market is shown by: A. 1. B. 2. C. 3. D. 4. 52. Refer to the above list. The outcome in a monopsony labor market is shown by:
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