Refer to the Following

question 35

Multiple Choice

Refer to the following:
The following graph shows the marginal and average product curves for labor, the firm's only variable input. The monthly wage for labor is $2,800. Fixed cost is $160,000.

-When the firm uses 120 units of labor, how much output does it produce?

• A) 7,000 units
• B) 70 units
• C) 8,400 units
• D) 9,200 units
• E) 7,500 units

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Polychlorinated biphenyls, a group of man-made organic chemicals known for their environmental persistence, bioaccumulation, and potential health hazards.

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