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A Firm Can Sell Its Output for $40 Per Unit

Question 88

Multiple Choice

A firm can sell its output for $40 per unit. When it increases its labour force from 4 workers to 5 workers, its output increases from 15 to 17 units. The value of marginal product of the 5th worker is


A) $80.
B) $40.
C) $600.
D) $680.
E) $136.

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