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    Exam 21: The Costs of Production
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    When the Wage Rate Is $10 Per Hour and the MPP
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When the Wage Rate Is $10 Per Hour and the MPP

Question 112

Question 112

Multiple Choice

When the wage rate is $10 per hour and the MPP of a worker is 15 units per hour,the unit labor cost is


A) $0.67 per unit.
B) $10.00 per hour.
C) $15.00 per unit.
D) $150.00 per hour.

Correct Answer:

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