Multiple Choice
The table provides output levels as Paper Products R Us hires more workers. Their capital is currently fixed at 4 units and eac costs $100. Each worker costs $50.
-Refer to the table above. What is the marginal cost when output increases from 70 to 85 units?
A) $3.33
B) $5.23
C) $50
D) $15
Correct Answer:
Verified
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