-In Exhibit 11-11,the widgets are sold in a perfectly competitive market at $10 each.The marginal revenue product of the 3^rd pound of rubber is:

Question

-In Exhibit 11-11,the widgets are sold in a perfectly competitive market at $10 each.The marginal revenue product of the 3^rd pound of rubber is: A) $200 B) $100 C) $50 D) $20 E) $0

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The Answer of -In Exhibit 11-11,the widgets are sold in a perfectly competitive market at $10 each.The marginal revenue product of the 3^rd pound of rubber is: A) $200 B) $100 C) $50 D) $20 E) $0

-In Exhibit 11-11,the Widgets Are Sold in a Perfectly Competitive