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Question
When 5 units of labor are employed, total product is 9 units; when 6 units of labor are employed, total product is 11 units of output. If the price of output is $5 per unit, what is the marginal revenue product of the 6th unit of labor?
A) $10
B) $5
C) $15
D) $55
Answer
This answer is hidden. It contains 1 characters.
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