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Title: Suppose the last unit of a factor of production employed has a marginal product of 12. The factor's ...
Post by: duo21 on Oct 9, 2022
Suppose the last unit of a factor of production employed has a marginal product of 12. The factor's price is $8, and the product's competitive market price is $6. This factor's marginal revenue product is

▸ $96.

▸ $36.

▸ $48.

▸ $72.

▸ $6.


Title: Suppose the last unit of a factor of production employed has a marginal product of 12. The factor's ...
Post by: tk9790 on Oct 9, 2022
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