Multiple Choice
Suppose the short-run production function is q = 10 ∗ L.If the wage rate is $10 per unit of labor,then MC equals
A) q.
B) q/10.
C) 10/q.
D) 1.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q69: The cost of waiting two months for
Q70: The "Law of Diminishing Marginal Returns" could
Q71: Suppose the cost of producing two goods,x
Q72: In the short run,the expansion path is<br>A)
Q73: If Option A costs $40 and yields
Q75: Which of the following statements is NOT
Q76: If a firm buys a building so
Q77: To dig a trench,each worker needs a
Q78: Which of the following will cause the
Q79: Which of the following statements best explains