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Author Question: If, after hiring the 6th worker, a firm's output falls, then the marginal product of the 6th worker ... (Read 330 times)

folubunmi

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If, after hiring the 6th worker, a firm's output falls, then the marginal product of the 6th worker is negative.
 
  Indicate whether the statement is true or false

Question 2

Refer to Figure 12-4. If the market price is 30 and the firm is producing output, what is the amount of the firm's profit or loss?
 
  A) loss of 1,080 B) loss of 2,520 C) profit of 1,440 D) profit of 1,300


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miss.ashley

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folubunmi

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Reply 2 on: Jun 29, 2018
Gracias!


parshano

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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