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For Heavy Manufacturing Company, Labor-Hours Are 40,000 and Wages $144,000

Question 168

Multiple Choice

For Heavy Manufacturing Company, labor-hours are 40,000 and wages $144,000 at the high point of the relevant range, and labor-hours are 24,000 and wages $96,000 at the low point of the relevant range.
What is the slope coefficient?


A) $3.75
B) $3.00
C) $3.60
D) $4.00

Correct Answer:

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