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Figure 18-2 The Figure Below Shows the Production Function for a Particular

Question 506

Multiple Choice

Figure 18-2
The figure below shows the production function for a particular firm. Figure 18-2 The figure below shows the production function for a particular firm. -Refer to Figure 18-2. Suppose the firm pays a wage equal to $160 per unit of labor and sells its output at $10 per unit. What is the value of the marginal product of labor for the third worker? A) 20 units B) $200 C) $2,720 D) $3,200
-Refer to Figure 18-2. Suppose the firm pays a wage equal to $160 per unit of labor and sells its output at $10 per unit. What is the value of the marginal product of labor for the third worker?


A) 20 units
B) $200
C) $2,720
D) $3,200

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