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nitnit nitnit
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A year ago

Exhibit 27-8

(1)

Quantity of

Factor X

(2)

Quantity of

Output

(3)

Product

Price

(4)

Marginal

Physical Product

(5)

Marginal

Revenue Product

0

20

$24

  

1

28

$24

 

(C)

2

34

$24

(A)

(D)

3

37

$24

(B)

(E)

4

38

$24

 

(F)


Refer to Exhibit 27-8. The marginal physical product of the second and third units of factor X, respectively [blanks (A) and (B)], are,



▸

19 and 20.



▸

4.58 and 4.07.



▸

10 and 11.



▸

6 and 3.



▸

none of the above

Textbook 
Economics

Economics


Edition: 12th
Author:
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Hollywood1971Hollywood1971
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A year ago
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