How many employees a profit maximizing business could hire

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Your personalized sweatshirt business requires you to hire specially trained employees, so you are a monopsonist. Remember that you must pay everyone the same wages. There is no discrimination. Hint: you will need 5 more columns. Using the table below:

Determine how many employees a profit maximizing business could hire.
What wages would you pay?

Reference no: EM13200060

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