Exhibit 21-14 Assume That Labor Is the Only Variable

question 106

Multiple Choice

Exhibit 21-14 Assume that labor is the only variable input and that each additional laborer is paid $600.
Refer to Exhibit 21-14. What is the MPP of the fourth unit of labor [blank (D) ]?

• A)70 units
• B)60 units
• C)100 units
• D)15 units

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