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Above Is a Firm's Average Product of Labor and Marginal

Question 37

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Above is a firm's average product of labor and marginal product of labor curves.The price of labor is $60 per unit.When the firm uses 6 units of labor,what is marginal cost? A) $0.25 B) $5 C) $6.67 D) $7.06 E) $10.25 Above is a firm's average product of labor and marginal product of labor curves.The price of labor is $60 per unit.When the firm uses 6 units of labor,what is marginal cost?


A) $0.25
B) $5
C) $6.67
D) $7.06
E) $10.25

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