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-Refer to Table 16-1

Question 6

Multiple Choice

-Refer to Table 16-1. If the output price is $3, what is the marginal revenue product of the fifth unit of labor? A) $1,050 B) $360 C) $210 D) $150
-Refer to Table 16-1. If the output price is $3, what is the marginal revenue product of the fifth unit of labor?


A) $1,050
B) $360
C) $210
D) $150

Correct Answer:

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