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    Microeconomics Study Set 2
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    Exam 17: The Markets for Labor and Other Factors of Production
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    Table 17-1 -Refer to Table 17-1.If the Output Price Is $3, What
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Table 17-1 -Refer to Table 17-1.If the Output Price Is $3, What

Question 55

Question 55

Multiple Choice

Table 17-1
Table 17-1    -Refer to Table 17-1.If the output price is $3, what is the marginal revenue product of the fifth unit of labor? A) $1,050 B) $360 C) $210 D) $150
-Refer to Table 17-1.If the output price is $3, what is the marginal revenue product of the fifth unit of labor?


A) $1,050
B) $360
C) $210
D) $150

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