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    Essentials of Economics Study Set 4
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    Exam 5: Supply Decisions
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    If an Additional Unit of Labor Costs $40 and Has
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If an Additional Unit of Labor Costs $40 and Has

Question 50

Question 50

Multiple Choice

If an additional unit of labor costs $40 and has an MPP of 50 units of output,the marginal cost is:


A) $2,000.00.
B) $40.00.
C) $1.25.
D) $0.80

Correct Answer:

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