Multiple Choice
When a firm hires 10 units of labor,20 pens are produced.When it hires another unit of labor,the total output increases to 23 pens.If the price of one pen is $2,the value of the marginal product of the eleventh unit of labor is ________.
A) $1.50
B) $2
C) $4
D) $6
Correct Answer:
Verified
Correct Answer:
Verified
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