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    Microeconomics Study Set 51
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    Exam 13: Factor Markets: With Emphasis on the Labor Market
  5. Question
    Exhibit 26-5 Refer to Exhibit 26-5
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Exhibit 26-5 Refer to Exhibit 26-5

Question 69

Question 69

Multiple Choice

Exhibit 26-5 Exhibit 26-5   Refer to Exhibit 26-5. Marginal physical product of the fourth unit of labor A) equals 1,000. B) equals 250. C) equals 200. D) equals 180. E) cannot be determined. Refer to Exhibit 26-5. Marginal physical product of the fourth unit of labor


A) equals 1,000.
B) equals 250.
C) equals 200.
D) equals 180.
E) cannot be determined.

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