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The Following Data Show the Total Output for a Firm

Question 136

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The following data show the total output for a firm when different amounts of labour are combined with a fixed amount of capital.Assume that the wage per unit of labour is $10 and the cost of the capital is $50.
The following data show the total output for a firm when different amounts of labour are combined with a fixed amount of capital.Assume that the wage per unit of labour is $10 and the cost of the capital is $50.    TABLE 7-3 -Refer to Table 7-3.What is the marginal product of the 4th unit of labour hired by the firm? A) 42 B) 60 C) 132 D) 900 E) 1320 TABLE 7-3
-Refer to Table 7-3.What is the marginal product of the 4th unit of labour hired by the firm?


A) 42
B) 60
C) 132
D) 900
E) 1320

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