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    Exam 14: The Labour Market
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    The Total Cost of 4 Workers Is $800 Per Day
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The Total Cost of 4 Workers Is $800 Per Day

Question 36

Question 36

Multiple Choice

The total cost of 4 workers is $800 per day, if the marginal-resource cost of the 5th worker is $150 per day what is the total cost of 5 workers?


A) $800
B) $750
C) $950
D) none of the above

Correct Answer:

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