What Is the Value Marginal Product of Labor If: P

question 144

Multiple Choice

What is the value marginal product of labor if: P = $10,MP_L = $25,and AP_L = 40?

• A) $10,000
• B) $1,000
• C) $400
• D) $250

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Definitions:

ACEA Standards

Standards created by the Association of Constructors of European Automobiles.

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Water that has had its mineral ions removed, such as sodium, calcium, iron, and copper, making it a high purity water often used in laboratories and electronics manufacturing.