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Consider the Following Production and Cost Schedule for a Firm

Question 97

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Consider the following production and cost schedule for a firm.The first column shows the number of units of a variable factor of production employed by the firm.
Consider the following production and cost schedule for a firm.The first column shows the number of units of a variable factor of production employed by the firm.    TABLE 13-3 -Refer to Table 13-3.The rise in total revenue generated by hiring the 4th unit of the factor of production is A) -$11.00. B) $2.00. C) $3.67. D) $7.50. E) $28.00. TABLE 13-3
-Refer to Table 13-3.The rise in total revenue generated by hiring the 4th unit of the factor of production is


A) -$11.00.
B) $2.00.
C) $3.67.
D) $7.50.
E) $28.00.

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