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ktpizzle1993 ktpizzle1993
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A year ago
The table below shows the total production for varying numbers of hours worked producing yo-yos. The firm sells its product and hires its workers in competitive markets.

Number of
 Hours Worked		Number of 
Yo-Yos 
Produced		Wage Rate
per Hour (S)		Price of Yo-Yos
($)
1060105
1170105
1278105
1384105
1488105
1590105
TABLE 13-4

Refer to Table 13-4. What is the marginal cost of the variable factor employed by this firm?

▸ $0

▸ $10

▸ $30

▸ $5

▸ $20
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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karisantikarisanti
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#1
Posts: 132
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A year ago
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