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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 7: Production and Cost in the Firm
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    Exhibit 7-2 Given the Information in Exhibit 7-2, What
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Exhibit 7-2 Given the Information in Exhibit 7-2, What

Question 174

Question 174

Multiple Choice

Exhibit 7-2 Exhibit 7-2   Given the information in Exhibit 7-2, what is the marginal product of the fourth unit of labor? A) 5 pairs of shoes B) 10 pairs of shoes C) 20 pairs of shoes D) 50 pairs of shoes E) 80 pairs of shoes Given the information in Exhibit 7-2, what is the marginal product of the fourth unit of labor?


A) 5 pairs of shoes
B) 10 pairs of shoes
C) 20 pairs of shoes
D) 50 pairs of shoes
E) 80 pairs of shoes

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