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    Economics Today
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    Exam 22: The Firm: Cost and Output Determination
  5. Question
    In the Short Run, the Additional Output That Results from Hiring
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In the Short Run, the Additional Output That Results from Hiring

Question 266

Question 266

Multiple Choice

In the short run, the additional output that results from hiring an additional unit of a variable input is the


A) marginal physical product.
B) average product.
C) average variable cost.
D) marginal cost.

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