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Figure 18-1 -Refer to Figure 18-1. Suppose the Firm Hires Each Unit

Question 149

Multiple Choice

Figure 18-1 Figure 18-1   -Refer to Figure 18-1. Suppose the firm hires each unit of labor for $108 per day, and each unit of output sells for $12. What is the value of the marginal product of the third worker? A) $144 B) $108 C) $180 D) $216
-Refer to Figure 18-1. Suppose the firm hires each unit of labor for $108 per day, and each unit of output sells for $12. What is the value of the marginal product of the third worker?


A) $144
B) $108
C) $180
D) $216

Correct Answer:

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