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If the Total Cost Incurred by a Firm in Hiring

Question 68

Multiple Choice

If the total cost incurred by a firm in hiring ten workers is $45 and the total cost incurred when the eleventh worker is hired is $60,the marginal cost of hiring the eleventh worker is ________.


A) $1.33
B) $15
C) $20
D) $105

Correct Answer:

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