Multiple Choice
The marginal product of labor (measured in units of output) for Relient Corp.is given by MPN = A(200 - N)
Where A measures productivity and N is the number of labor hours used in production.Suppose the price of output is $3 per unit and A = 2.0.What will be the demand for labor if the nominal wage is $30?
A) 170
B) 185
C) 190
D) 195
Correct Answer:

Verified
Correct Answer:
Verified
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