Multiple Choice
Consider labour that is hired for $18 per hour.If the last hour of labour hired produces 8 units of output which sells for $10 per unit,that labour-hour's marginal revenue product is
A) $1.20.
B) $4.44.
C) $64.
D) $80.
E) $144.
Correct Answer:
Verified
Correct Answer:
Verified
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