If the firms goal is to maximize the efficiency of its


If the firm's goal is to maximize the efficiency of its labor expenditures, which of the three hourly salary rates should it use: $26 per hour, $36 per hour, or $49 per hour? By contrast, which salary maximizes the productivity of the car dealer's workers (cars sold per worker per day)?

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Microeconomics: If the firms goal is to maximize the efficiency of its
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