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Peregrinus Peregrinus
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6 years ago
A worker's hourly wage is $25 and output sells for $5 a unit. What is the minimum marginal product a worker must produce in order for a competitive employer to break even when hiring the worker?
A) 1/5
B) 5
C) 25
D) 125
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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ShadiasShadias
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6 years ago
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Peregrinus Author
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6 years ago
Smart ... Thanks!
loki1345
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Yesterday
Thanks for your help!!
ethom947
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2 hours ago
this is exactly what I needed
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