Author Question: Refer to Table 17-1. The marginal product of the fourth unit of labor is A) 300. B) 75. C) 60. D) ... (Read 38 times)

crazycityslicker

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Refer to Table 17-1. The marginal product of the fourth unit of labor is
 
  A) 300. B) 75. C) 60. D) 15.

Question 2

The formula for total fixed cost is
 
  A) TFC = TVC - TC. B) TFC = TC - TVC. C) TFC = TC/TVC. D) TFC = TC + TVC.


kjo;oj

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Answer to Question 1

C

Answer to Question 2

B



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