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    Managerial Economics Study Set 12
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    Exam 7: Production Analysis and Compensation Policy
  5. Question
    When PX = €50, MPX = 5 and MPY =
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When PX = €50, MPX = 5 and MPY =

Question 9

Question 9

Multiple Choice

When PX = €50, MPX = 5 and MPY = 2, relative employment levels are optimal provided:


A) PY = €25.
B) PY = €20.
C) PY = €10.
D) PY = €2.50.

Correct Answer:

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