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    Exam 4: Consumer and Firm Behavior: The Work–Leisure Decision and Profit Maximization
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    The Following Question(s) Deal with the Gizmo Company, Which Has
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The Following Question(s) Deal with the Gizmo Company, Which Has

Question 31

Question 31

Multiple Choice

The following question(s) deal with The Gizmo Company, which has the following production function:
The following question(s)  deal with The Gizmo Company, which has the following production function:    -The marginal product of the fourth gizmo worker hired is A)  1. B)  3. C)  5. D)  10. E)  12.
-The marginal product of the fourth gizmo worker hired is


A) 1.
B) 3.
C) 5.
D) 10.
E) 12.

Correct Answer:

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