Business, 31.07.2021 03:50 jesse1384

Austin's total fixed cost is $4,000. Austin employs 20 workers and pays each worker $120. The average product of labor is 2, and the marginal product of the last worker hired is 10. What is the marginal cost of the last unit produced by the last worker Austin hired

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Austin's total fixed cost is $4,000. Austin employs 20 workers and pays each worker $120. The averag...

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