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    Exam 15: Wage Rates in Competitive Labor Markets
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    -In Exhibit O-1, If the Product Price Is Fixed at $5
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-In Exhibit O-1, If the Product Price Is Fixed at $5

Question 36

Question 36

Multiple Choice

  -In Exhibit O-1, if the product price is fixed at $5, the MRP of the fourth worker is A)  $35 B)  $125 C)  $25 D)  $175 E)  $100
-In Exhibit O-1, if the product price is fixed at $5, the MRP of the fourth worker is


A) $35
B) $125
C) $25
D) $175
E) $100

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