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At Phil's Hot Dog Stand, We Found the Following: 4

Question 161

Multiple Choice

At Phil's Hot Dog Stand, we found the following: 4 laborers produced 66 hot dogs
5 laborers produced 76 hot dogs
6 laborers produced 84 hot dogs
7 laborers produced 88 hot dogs
What was the marginal physical product of the seventh laborer?


A) 8 hot dogs
B) 10 hot dogs
C) 4 hot dogs
D) none of the above due to insufficient information

Correct Answer:

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