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Columns 1 and 2 Make Up a Portion of a Monopolist's

Question 62

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Columns 1 and 2 make up a portion of a monopolist's production function for a single variable input,labor.Columns 2 and 3 represent the demand function facing the monopolist over this range of output: Columns 1 and 2 make up a portion of a monopolist's production function for a single variable input,labor.Columns 2 and 3 represent the demand function facing the monopolist over this range of output:   How much does the fifth unit of labor add to the firm's total revenue? A) $1.875 B) $80 C) $150 D) $4,560 E) none of the above How much does the fifth unit of labor add to the firm's total revenue?


A) $1.875
B) $80
C) $150
D) $4,560
E) none of the above

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