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Figure 101 Figure 10

Question 4

Multiple Choice

Figure 10.1 Figure 10.1 Figure 10.1 shows the marginal revenue product for Dale's Hand-Sewn Doilies, a producer of linen doilies. -Refer to Figure 10.1.If the wage rate is $40,Dale should hire _______. A) 6 labour units B) 5 labour units C) 4 labour units D) 3 labour units Figure 10.1 shows the marginal revenue product for Dale's Hand-Sewn Doilies, a producer of linen doilies.
-Refer to Figure 10.1.If the wage rate is $40,Dale should hire _______.


A) 6 labour units
B) 5 labour units
C) 4 labour units
D) 3 labour units

Correct Answer:

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