Multiple Choice
Refer to the following:
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
Correct Answer:

Verified
Correct Answer:
Verified
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