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  3. Study Set
    Managerial Economics
  4. Exam
    Exam 16: Individual Performance Evaluation
  5. Question
    If Output Q = 8
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If Output Q = 8

Question 19

Question 19

Multiple Choice

If output Q = 8.5e (e=units of effort) and Wage W = $6.70 + .25Q, then 20 units of effort are worth _____ to the firm.


A) $170.00
B) $0.425
C) $49.20
D) $35.80

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