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baileymeredith baileymeredith
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5 years ago
When 5 units of labor are employed, total product is 9 units; when 6 units of labor are employed, total product is 11 units of output. If the price of output is $5 per unit, what is the marginal revenue product of the 6th unit of labor?

• $10

• $5

• $55

• $15
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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whoohoo8whoohoo8
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5 years ago
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