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Business, 26.05.2021 01:00 battlemarshmell

A competitive firm sells its output for $30 per unit. The marginal product of the 10th worker is 20 units of output per day; the marginal product of the 11th worker is 16 units of output per day. The firm pays its workers a wage of $150 per day. For the 11th worker, the value of the marginal product of labor is a.$120.b.$480.c.$600.d.$2,400.

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A competitive firm sells its output for $30 per unit. The marginal product of the 10th worker is 20...
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