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    Exam 19: Factor Markets and the Distribution of Income
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    Which Formula Is CORRECT
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Which Formula Is CORRECT

Question 146

Question 146

Multiple Choice

Which formula is CORRECT?


A) VMPL = MC × P.
B) VMPL = MPL × P.
C) MPL = VMPL × P.
D) VMPL / MC = TR.

Correct Answer:

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