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A Worker's Hourly Wage Is $25 and Output Sells for $5

Question 28

Multiple Choice

A worker's hourly wage is $25 and output sells for $5 a unit.What is the minimum marginal product a worker must produce in order for a competitive employer to break even when hiring the worker?


A) 1/5
B) 5
C) 25
D) 125

Correct Answer:

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