Winnie's Car Wash is a perfectly competitive firm. The table above shows Winnie's total product schedule. If the price of a car wash is $4, and Winnie maximizes his profit when he employs 4 workers, the wage rate is
A) $90 per day.
B) $30 per day.
C) $70 per day.
D) $50 per day.
B
Economics
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Figure 4-20
Refer to . The burden of the tax on buyers is
a.
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b.
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c.
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d.
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