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“border: 0px; height: 0px… Show more “border: 0px; height:

Paper help Economics “border: 0px; height: 0px… Show more “border: 0px; height:

Economics

“border: 0px; height: 0px… Show more “border: 0px; height:

“border: 0px; height: 0px… Show more “border: 0px; height: 0px; margin: 0px; padding: 0px; width: 707px”> “border: 0px; height: 0px; margin: 0px; padding: 0px; width: 707px”> Type your question here 1 Number of Workers Units of Output 2 100 3 160 4 210 5 250 6 280 7 300 8 310 1 à £Ã¢â€š ¬Ã¢â€š ¬ 4. Refer to Table 1 above. The marginal product of the 3 rd unit of labor is: a) 30 b) 53.33 c) 60 d) 160 ANSWER______________ à £Ã¢â€š ¬Ã¢â€š ¬ 5. Refer to Table 1 above. If the price of output is $2 per unit, the marginal revenue product of the 4 th unit of labor is: a) $50 b) $52.5 c) $100 ANSWER______________ • Show less

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