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    Microeconomics Study Set 15
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    Exam 12: The Market for Labour and Other Factors of Production
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    Refer to Table 12-1
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Refer to Table 12-1

Question 140

Question 140

Multiple Choice

Refer to Table 12-1. If the output price is $3, what is the marginal revenue product of the fifth unit of labour?


A) $1050
B) $360
C) $210
D) $150

Correct Answer:

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