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
Correct Answer:
Verified
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