Business, 11.01.2020 06:31 chandranewlon
Afirm is a competitive seller of output at amarket price of $3. the only resource itrequires to create its product is labor, which itpurchases competitively at a wage rate of $6per hour. the last worker it employs increasestotal output from 36 to 40 units per hour. what is the marginal revenue product for thisworker? (a) $3
(b) $6
(c) $12(d) $24
(e) $40
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Afirm is a competitive seller of output at amarket price of $3. the only resource itrequires to crea...
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