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    The Economy Today
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    Exam 21: The Costs of Production
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    If an Additional Unit of Labor Costs $20 and Has
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If an Additional Unit of Labor Costs $20 and Has

Question 137

Question 137

Multiple Choice

If an additional unit of labor costs $20 and has a MPP of 15 units of output,the marginal cost is


A) $0.75.
B) $1.33.
C) $30.00.
D) $300.00.

Correct Answer:

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