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Business, 05.05.2020 07:00 GreenHerbz206

Diane's Auto World installs tires on automobiles, light trucks, and sport utility vehicles. She is a profit-maximizing business owner whose firm operates in a competitive market. The marginal cost of installing a tire is $20. The marginal productivity of the last worker that Diane hired was two tires per hour. What is the maximum hourly wage that Diane was willing to pay the last worker hired

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