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When a Firm Employs 1 Unit of Factor X It

Question 125

Multiple Choice

When a firm employs 1 unit of factor X it produces 28 units of output and when it employs 2 units of factor X it produces 57 units of output. It follows that marginal revenue product of the second unit of factor X is


A) $22.00.
B) $29.00.
C) $0.53.
D) $114.
E) There is not enough information to answer the question.

Correct Answer:

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