Exhibit 27-12 -Refer to Exhibit 27-12. for Each Quantity of Labor Hired

Multiple Choice

Exhibit 27-12

-Refer to Exhibit 27-12. For each quantity of labor hired (after the first worker) , marginal factor cost will be

A) less than the corresponding amount in column (2) .
B) greater than the corresponding amount in column (2) .
C) less than the corresponding amount in column (3) .
D) greater than the corresponding amount in column (3) .
E) b and d