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Use the Following Graph,which Depicts Mighty Max's Labor Demand for His

Question 51

Multiple Choice

Use the following graph,which depicts Mighty Max's labor demand for his duffel bag business,to answer the following questions.The labor demand curve shown is calculated based on a duffel bag price of $10.
Use the following graph,which depicts Mighty Max's labor demand for his duffel bag business,to answer the following questions.The labor demand curve shown is calculated based on a duffel bag price of $10. -Assume that the price per duffel bag rises from $10 to $20.What is the value of the marginal product of labor of the twentieth worker? A) $30 B) $40 C) $50 D) $60 E) $70
-Assume that the price per duffel bag rises from $10 to $20.What is the value of the marginal product of labor of the twentieth worker?


A) $30
B) $40
C) $50
D) $60
E) $70

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