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Refer to Table 8

Question 37

Multiple Choice

Refer to Table 8.1.Assume the wage rate is $10 and the firm has $1,000 in unavoidable fixed cost.What is the marginal cost of the 83rd unit of output? Refer to Table 8.1.Assume the wage rate is $10 and the firm has $1,000 in unavoidable fixed cost.What is the marginal cost of the 83<sup>rd</sup> unit of output? A) $0.50 B) $0.56 C) $1.00 D) $1.43


A) $0.50
B) $0.56
C) $1.00
D) $1.43

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