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-In Exhibit P-7, Suppose the Price of a Golden Goat

Question 107

Multiple Choice

  -In Exhibit P-7, suppose the price of a Golden Goat Game is $15. If employment is 5,000 workers, what is the marginal physical product of labor? A)  1 unit per hour B)  3 units per hour C)  5 units per hour D)  15 units per hour E)  20 units per hour
-In Exhibit P-7, suppose the price of a Golden Goat Game is $15. If employment is 5,000 workers, what is the marginal physical product of labor?


A) 1 unit per hour
B) 3 units per hour
C) 5 units per hour
D) 15 units per hour
E) 20 units per hour

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