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    Economics Today Study Set 1
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    Exam 29: Unions and Labor Market Monopoly Power
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    -Refer to the Above Table
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-Refer to the Above Table

Question 23

Question 23

Multiple Choice

  -Refer to the above table. What is the marginal factor cost when the firm employs the second unit of labor? A)  $19 B)  $21 C)  $36 D)  $38
-Refer to the above table. What is the marginal factor cost when the firm employs the second unit of labor?


A) $19
B) $21
C) $36
D) $38

Correct Answer:

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