Micro Economics For Today
10th Edition
ISBN: 9781337613064
Author: Tucker, Irvin B.
Publisher: Cengage,
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Question
Chapter 11, Problem 17SQ
To determine
The MFC of the 10th labor.
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Students have asked these similar questions
According to the above table, the marginal factor cost of the eighth worker is
A. $216.00.
B. $27.00.
C. $168.00.
D. $48.00.
Question
20. SG store sells its products at a price of
$60,000 per unit. it is assumed that labor is the
only input that changes. it is known that the
marginal product of the 11th worker is 16
units, MU store pays its workers $150,000 per
day. What is the value of the marginal product
of labor for the 11th worker?
a. $2,400,000.
b. $480,000.
c $1,200,000.
d. $960,000.
The marginal product of labor is
A) output that does not meet quality specifications.
B) total product divided by labor.
C) the change in total product divided by the increase in labor.
D)
a measure of labor.
Chapter 11 Solutions
Micro Economics For Today
Ch. 11.3 - Prob. 1YTECh. 11 - Prob. 1SQPCh. 11 - Prob. 2SQPCh. 11 - Prob. 3SQPCh. 11 - Prob. 4SQPCh. 11 - Prob. 5SQPCh. 11 - Prob. 6SQPCh. 11 - Prob. 7SQPCh. 11 - Prob. 8SQPCh. 11 - Prob. 9SQP
Ch. 11 - Prob. 10SQPCh. 11 - Prob. 11SQPCh. 11 - Prob. 1SQCh. 11 - Prob. 2SQCh. 11 - Prob. 3SQCh. 11 - Prob. 4SQCh. 11 - Prob. 5SQCh. 11 - Prob. 6SQCh. 11 - Prob. 7SQCh. 11 - Prob. 8SQCh. 11 - Prob. 9SQCh. 11 - Prob. 10SQCh. 11 - Prob. 11SQCh. 11 - Prob. 12SQCh. 11 - Prob. 13SQCh. 11 - Prob. 14SQCh. 11 - Prob. 15SQCh. 11 - Prob. 16SQCh. 11 - Prob. 17SQCh. 11 - Prob. 18SQCh. 11 - Prob. 19SQCh. 11 - Prob. 20SQ
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