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    Exam 16: The Markets for Labor, Capital, and Land
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    If Labor Is the Only Variable Input,an Additional Worker Increases
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If Labor Is the Only Variable Input,an Additional Worker Increases

Question 171

Question 171

Multiple Choice

If labor is the only variable input,an additional worker increases output from 72 to 78 units,and the product price is $6,the marginal revenue product from an additional worker:


A) is $6.
B) is $36.
C) is $78
D) is $432.

Correct Answer:

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