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Production Worksheet


The firm is in a perfectly competitive market. There are only 2 inputs: Labor (which costs you $150 per worker, labeled L in the graph) and Rent ($300, the fixed cost).


Fixed Cost= Rent = 300 Variable cost= Labor= 150 Price= 6

PLEASE HELP ASAP Production Worksheet The firm is in a perfectly competitive market There are only 2 inputs Labor which costs you 150 per worker labeled L in th class=