Quiz_170 - 12 RefertoFigure17-1.$2each, worker A $28 B...

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12) Refer to Figure 17 - 1. If Dale can sell her doilies at $2 each, what is the marginal product of the 5th worker? 12) Diff: 1 Page Ref: 547/547 Topic: Marginal Product of Labor Learning Outcome: Micro 17: Explain the effects of the factors of production, factor demand, and factor supply and labor in factor markets AACSB: Analytic Skills
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  • Spring '11
  • Lee
  • Economics, AACSB, marginal revenue product

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