Advice for a firm. You’ve ben hired as an economic consultant by a price-taking firm that produces scarves. The firm already has a factory, so it is…

Advice for a firm. You’ve ben hired as an economic consultant by a price-taking firm that produces scarves.  The firm already has a factory, so it is operating in the short run. The price of scarves is $9, the cost per worker is $24, and each scarf requires $1 worth of materal

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