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A Firm Is Currently Employing 10 Workers

Question 28

Multiple Choice

A firm is currently employing 10 workers.To hire an 11th worker,it must raise its weekly pay by $5 and pay the 11th worker $100.What is the marginal expense of the hiring the 11th worker?


A) $100
B) $150
C) $105
D) $5

Correct Answer:

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