You work as a market analyst for your company.You estimated using the regression method the demand function of
October 1, 2020
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October 1, 2020
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The wage in Mexico is $5. The wage in the United States is $20. Given current employment, the marginal product of the last worker in Mexico is 100, ….

The wage in Mexico is $5. The wage in the United States is $20. Given current employment, the marginal product of the last worker in Mexico is 100, … in the United States is 500. a. Is the firm maximizing output relative to its cost?

 

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